Tarena International (TEDU) Cut to Hold at BidaskClub

BidaskClub lowered shares of Tarena International (NASDAQ:TEDU) from a buy rating to a hold rating in a report issued on Wednesday, January 10th.

A number of other research analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Tarena International from a hold rating to a sell rating in a research note on Tuesday, November 28th. Jefferies Group downgraded shares of Tarena International from a buy rating to a hold rating in a research note on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Tarena International has a consensus rating of Hold and an average target price of $20.13.

Tarena International (NASDAQ TEDU) opened at $13.82 on Wednesday. Tarena International has a one year low of $12.52 and a one year high of $21.70. The stock has a market cap of $803.41, a P/E ratio of 26.58, a P/E/G ratio of 1.73 and a beta of 0.98.

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

Institutional investors have recently added to or reduced their stakes in the business. Nordea Investment Management AB grew its stake in shares of Tarena International by 17.1% in 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 last quarter. Bank of New York Mellon Corp acquired a new position in shares of Tarena International in the second quarter worth about $800,000. Copper Rock Capital Partners LLC boosted its holdings in shares of Tarena International by 25.6% in the fourth quarter. Copper Rock Capital Partners LLC now owns 383,576 shares of the business services provider’s stock worth $5,589,000 after buying an additional 78,163 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Tarena International by 15.5% in the third quarter. Schroder Investment Management Group now owns 1,381,908 shares of the business services provider’s stock worth $20,011,000 after buying an additional 185,518 shares during the period. Finally, Davis Selected Advisers boosted its holdings in shares of Tarena International by 209.9% in the third quarter. Davis Selected Advisers now owns 2,458,979 shares of the business services provider’s stock worth $35,778,000 after buying an additional 1,665,477 shares during the period. 34.40% of the stock is currently owned by hedge funds and other institutional investors.

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About Tarena International

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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