New Oriental Education & Tech Grp (ADR) Has Established Undeniable Momentum
In the world of for-profit education, there are two metrics to watch: enrollment figures and how efficiently schools are winning over students. The former is pretty straightforward, while the latter can be a minefield -- think how tricky it can be to gauge when for-profit colleges in the United States use deceptive practices to lure students in.
Luckily for investors in Chinese company New Oriental Education (NYSE: EDU), enrollment numbers are booming while the chances for dubious behavior have subsided substantially since the company pivoted from English tests for soon-to-be college students to after-school, K-12 tutoring. The company's latest earnings report, released Tuesday, was chock-full of encouraging news for investors.
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Source: Fool.com
New Oriental Education & Technology Group ADR Stock
Our community is currently high on New Oriental Education & Technology Group ADR with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 87 € shows a slightly positive potential of 10.13% compared to the current price of 79.0 € for New Oriental Education & Technology Group ADR.
