Finally Time To Cut Your Stake? UBS Downgrades Rise Education (REDU) Shares

September 8, 2018 - By Richard Slagle

Rise Education (REDU) Receives a Downgrade

In a research note issued to clients and investors on Friday morning, UBS announced that they will be downgrading shares of Rise Education (REDU) from a Buy to a Neutral rating.

The stock increased 1.40% or $0.14 during the last trading session, reaching $10.14. About 221,635 shares traded or 40.84% up from the average. RISE Education Cayman Ltd (REDU) has 0.00% since September 8, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await RISE Education Cayman Ltd (NASDAQ:REDU) to report earnings on November, 26. They expect $0.12 earnings per share, up 100.00 % or $0.06 from last year’s $0.06 per share. REDU’s profit will be $7.25 million for 21.13 P/E if the $0.12 EPS becomes a reality. After $0.11 actual earnings per share reported by RISE Education Cayman Ltd for the previous quarter, Wall Street now forecasts 9.09 % EPS growth.

RISE Education Cayman Ltd, through its subsidiaries, provides junior English language training services under the RISE brand name in the People's Republic of China. The company has market cap of $612.54 million. The firm offers a range of educational programs, services, and products, including educational courses, sale of course materials, franchise services, and study tours. It currently has negative earnings. It also provides educational consulting services.

More notable recent RISE Education Cayman Ltd (NASDAQ:REDU) news were published by: Benzinga.com which released: “26 Stocks Moving In Monday’s Pre-Market Session” on August 13, 2018, also Benzinga.com with their article: “25 Stocks Moving In Tuesday’s Pre-Market Session” published on August 21, 2018, Globenewswire.com published: “RISE Education Announces Second Quarter 2018 Unaudited Financial Results” on August 16, 2018. More interesting news about RISE Education Cayman Ltd (NASDAQ:REDU) were released by: Fool.com and their article: “Rise Education Cayman Limited (REDU) Q2 2018 Earnings Conference Call Transcript” published on August 17, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For August 16, 2018” with publication date: August 16, 2018.

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