RISE Education Cayman Ltd. American Depositary Shares (REDU) to Release Quarterly Earnings on Monday

RISE Education Cayman Ltd. American Depositary Shares (NASDAQ:REDU) is scheduled to announce its earnings results after the market closes on Monday, November 27th. Analysts expect the company to announce earnings of $0.08 per share for the quarter.

Shares of RISE Education Cayman Ltd. American Depositary Shares (REDU) opened at $10.69 on Monday. RISE Education Cayman Ltd. American Depositary Shares has a 52-week low of $9.60 and a 52-week high of $17.86.

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Separately, Morgan Stanley initiated coverage on RISE Education Cayman Ltd. American Depositary Shares in a research report on Tuesday, November 14th. They issued an “overweight” rating and a $15.50 price target for the company.

About RISE Education Cayman Ltd. American Depositary Shares

RISE Education Cayman Ltd is a holding company. The Company, through its subsidiaries, offers after-school English teaching and tutoring services to students aged three to 18. It operates in China’s junior English Language Training (ELT) market. Its offers three flagship courses, including Rise Start, Rise On and Rise Up, that are designed for students aged three to six, seven to twelve and 13 to 18, respectively.

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