Bright Scholar Education (BEDU) Receives Lower Rating From Morgan Stanley. What’s The Reasoning Behind This Move?

October 2, 2018 - By whatsonthorold

Bright Scholar Education (BEDU) Receives a Downgrade

Research analysts at Morgan Stanley’s research division decreased the rating for shares of Bright Scholar Education (BEDU) from a “Overweight” to a “Equal-Weight” on 2 October.

The stock increased 0.08% or $0.01 during the last trading session, reaching $12.4. About 112,193 shares traded. Bright Scholar Education Holdings Limited (BEDU) has declined 43.26% since October 2, 2017 and is downtrending. It has underperformed by 58.88% the S&P500.

Bright Scholar Education Holdings Limited operates K-12 schools in the People??s Republic of China. The company has market cap of $1.58 billion. The Company’s schools comprise international schools, bilingual schools, and kindergartens. It has a 42.18 P/E ratio. The firm also offers a range of complementary education services, including international camps and after-school programs.

Another recent and important Bright Scholar Education Holdings Limited (NYSE:BEDU) news was published by Seekingalpha.com which published an article titled: “Bright Scholar to acquire stake in Yinzhe” on September 21, 2018.

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