Tarena International (NASDAQ:TEDU) had its target price dropped by analysts at Nomura from $17.50 to $13.50 in a research note issued to investors on Tuesday. The brokerage presently has a “neutral” rating on the business services provider’s stock. Nomura’s target price would indicate a potential upside of 9.49% from the company’s current price.

A number of other equities research analysts have also recently weighed in on the stock. BidaskClub upgraded shares of Tarena International from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, Jefferies Group cut shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $18.80.

Shares of Tarena International (NASDAQ TEDU) opened at $12.33 on Tuesday. Tarena International has a one year low of $11.48 and a one year high of $21.70. The firm has a market cap of $683.86, a PE ratio of 23.71, a P/E/G ratio of 1.47 and a beta of 0.75.

Tarena International (NASDAQ:TEDU) last issued its quarterly earnings data on Monday, November 20th. The business services provider reported $0.24 earnings per share for the quarter. Tarena International had a net margin of 11.77% and a return on equity of 13.44%. The business had revenue of $85.17 million for the quarter. sell-side analysts forecast that Tarena International will post 0.5 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the business. Bank of Montreal Can raised its position in Tarena International by 10.8% in the fourth quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock worth $580,000 after acquiring an additional 3,773 shares in the last quarter. State Street Corp raised its position in Tarena International by 7.2% in the second quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock worth $2,368,000 after acquiring an additional 8,924 shares in the last quarter. Matthews International Capital Management LLC raised its position in Tarena International by 3.6% in the fourth quarter. Matthews International Capital Management LLC now owns 264,200 shares of the business services provider’s stock worth $3,960,000 after acquiring an additional 9,300 shares in the last quarter. Geode Capital Management LLC raised its position in Tarena International by 82.7% in the fourth quarter. Geode Capital Management LLC now owns 27,518 shares of the business services provider’s stock worth $412,000 after acquiring an additional 12,458 shares in the last quarter. Finally, Nordea Investment Management AB raised 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 buying an additional 22,242 shares during the period. Hedge funds and other institutional investors own 34.45% of the company’s stock.

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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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