Barclays Sticks to Its Buy Rating for GSX Techedu Inc (GSX)

In a report released yesterday, Gregory Zhao from Barclays maintained a Buy rating on GSX Techedu Inc (GSXResearch Report), with a price target of $17. The company’s shares closed last Monday at $12.80.

According to TipRanks.com, Zhao is a 1-star analyst with an average return of -3.5% and a 36.8% success rate. Zhao covers the Technology sector, focusing on stocks such as Tencent Holdings Limited, Baidu Inc, and Weibo.

Currently, the analyst consensus on GSX Techedu Inc is a Moderate Buy with an average price target of $17.

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The company has a one-year high of $17.54 and a one-year low of $8.53. Currently, GSX Techedu Inc has an average volume of 1.23M.

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GSX Techedu, Inc. is a technology-driven education company. Its core expertise is in online K-12 courses, and online K-12 large-class after-school tutoring service provider in China. The company’s K-12 courses cover all primary and secondary grades. It also offers foreign language, professional and interest courses.