Tarena International Inc (TEDU) Given Consensus Recommendation of “Hold” by Brokerages

Tarena International Inc (NASDAQ:TEDU) has earned a consensus recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $19.67.

Several analysts have recently commented on TEDU shares. Zacks Investment Research downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a report on Saturday, August 26th. Jefferies Group downgraded shares of Tarena International from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd.

A number of hedge funds and other institutional investors have recently bought and sold shares of TEDU. Davis Selected Advisers increased its holdings in Tarena International by 209.9% during 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 last quarter. Greenwoods Asset Management Ltd increased its holdings in Tarena International by 35.5% during the third quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock worth $15,603,000 after buying an additional 280,718 shares during the last quarter. Schroder Investment Management Group increased its holdings in Tarena International by 15.5% during 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 last quarter. Bank of New York Mellon Corp increased its holdings in Tarena International by 391.5% during the third quarter. Bank of New York Mellon Corp now owns 219,507 shares of the business services provider’s stock worth $3,193,000 after buying an additional 174,842 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Tarena International by 197.2% during the first quarter. Dimensional Fund Advisors LP now owns 261,547 shares of the business services provider’s stock worth $4,887,000 after buying an additional 173,547 shares during the last quarter. Institutional investors and hedge funds own 34.26% of the company’s stock.

Shares of Tarena International (TEDU) traded up $0.09 during mid-day trading on Friday, hitting $14.37. 169,300 shares of the stock traded hands, compared to its average volume of 293,029. The stock has a market capitalization of $809.08, a P/E ratio of 27.46, a P/E/G ratio of 2.20 and a beta of 0.98. Tarena International has a 52 week low of $12.52 and a 52 week high of $21.70.

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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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