Shares of RYB Education Inc – (NYSE:RYB) have earned a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Analysts have set a 1 year consensus target price of $9.88 for the company, according to Zacks. Zacks has also assigned RYB Education an industry rank of 31 out of 255 based on the ratings given to related companies.
Several research firms have issued reports on RYB. Zacks Investment Research cut shares of RYB Education from a “buy” rating to a “hold” rating in a research note on Saturday. Morgan Stanley reaffirmed an “equal weight” rating and set a $8.50 price target (down from $23.50) on shares of RYB Education in a research note on Friday, December 7th. Finally, ValuEngine cut shares of RYB Education from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd.
Shares of RYB Education stock remained flat at $$8.11 during mid-day trading on Friday. 102,269 shares of the company’s stock traded hands, compared to its average volume of 142,182. RYB Education has a one year low of $5.60 and a one year high of $23.79. The firm has a market cap of $232.46 million, a PE ratio of 30.04 and a beta of 1.68.
Institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of RYB Education during the 4th quarter worth about $111,000. Two Sigma Advisers LP purchased a new position in shares of RYB Education during the 4th quarter worth about $152,000. Two Sigma Investments LP purchased a new position in shares of RYB Education during the 4th quarter worth about $647,000. Wells Fargo & Company MN lifted its holdings in shares of RYB Education by 3,508.5% during the 3rd quarter. Wells Fargo & Company MN now owns 54,127 shares of the company’s stock worth $1,140,000 after acquiring an additional 52,627 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its holdings in shares of RYB Education by 161.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 304,546 shares of the company’s stock worth $1,779,000 after acquiring an additional 188,072 shares during the period. 12.30% of the stock is currently owned by institutional investors.
About RYB Education
RYB Education, Inc provides early childhood education service in the People's Republic of China. The company offers kindergarten services to 2-6-year-old children; and play-and-learn centers services for the joint participation of 0-6-year-old children and their families to promote children's development and prepare them for their entry into kindergartens and primary schools.
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