Tarena International Inc (TEDU) Receives Average Recommendation of “Hold” from Analysts

Shares of Tarena International Inc (NASDAQ:TEDU) have been given a consensus rating of “Hold” by the seven analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $19.67.

Several analysts recently commented on TEDU shares. BidaskClub upgraded Tarena International from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Zacks Investment Research raised Tarena International from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, Jefferies Group lowered Tarena International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd.

Several institutional investors have recently made changes to their positions in TEDU. Bank of Montreal Can raised its holdings in shares of Tarena International by 10.8% in the 4th quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock valued at $580,000 after buying an additional 3,773 shares during the period. Bank of New York Mellon Corp purchased a new stake in Tarena International during the 2nd quarter worth about $800,000. Parametrica Management Ltd purchased a new stake in Tarena International during the 4th quarter worth about $2,111,000. Nordea Investment Management AB increased its holdings in Tarena International by 17.1% during the 3rd quarter. Nordea Investment Management AB now owns 152,105 shares of the business services provider’s stock worth $2,213,000 after purchasing an additional 22,242 shares during the period. Finally, State Street Corp increased its holdings in Tarena International by 7.2% during the 2nd quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock worth $2,368,000 after purchasing an additional 8,924 shares during the period. 34.37% of the stock is currently owned by institutional investors and hedge funds.

Tarena International (NASDAQ:TEDU) traded up $0.34 during trading on Friday, hitting $11.92. The stock had a trading volume of 169,702 shares, compared to its average volume of 122,775. The stock has a market capitalization of $656.10, a PE ratio of 22.92, a PEG ratio of 1.41 and a beta of 0.75. Tarena International has a 1-year low of $11.48 and a 1-year high of $21.70.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings results on Monday, November 20th. The business services provider reported $0.24 EPS for the quarter. Tarena International had a return on equity of 13.44% and a net margin of 11.77%. equities analysts predict that Tarena International will post 0.5 earnings per share for the current fiscal year.

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Tarena International Company Profile

Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.

Analyst Recommendations for Tarena International (NASDAQ:TEDU)

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