OneSmart International Edun Gr (ONE) Rating Increased to Hold at Zacks Investment Research

OneSmart International Edun Gr (NYSE:ONE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “OneSmart International Education Group Limited offers education services. The School provides K-12 after-school education services. It also offers one to one education, examination question analysis, mistakes settlement, tutoring, culture programs and other services. OneSmart International Education Group Limited is based in China. “

Separately, Deutsche Bank cut OneSmart International Edun Gr from a “buy” rating to a “hold” rating and raised their target price for the stock from $12.60 to $15.60 in a report on Tuesday, July 24th.

ONE traded down $0.22 during midday trading on Tuesday, reaching $8.19. 32,011 shares of the company were exchanged, compared to its average volume of 78,001. OneSmart International Edun Gr has a one year low of $7.53 and a one year high of $16.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in shares of OneSmart International Edun Gr during the second quarter worth about $129,000. Sensato Investors LLC acquired a new stake in shares of OneSmart International Edun Gr during the second quarter worth about $129,000. Hikari Power Ltd acquired a new stake in shares of OneSmart International Edun Gr during the second quarter worth about $266,000. Engineers Gate Manager LP acquired a new stake in shares of OneSmart International Edun Gr during the second quarter worth about $378,000. Finally, BlackRock Inc. acquired a new stake in shares of OneSmart International Edun Gr during the second quarter worth about $780,000. 19.92% of the stock is currently owned by institutional investors.

OneSmart International Edun Gr Company Profile

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools in the People's Republic of China. It offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

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