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Global Education & Technology Group(ADR) (GEDU) [hlAlert]

Rating:
Outperform
GEDU
up 12.27 %

Global Education & Technology G (GEDU) rated Outperform by William Blair

Posted on: Monday,  Nov 29, 2010  2:25 PM ET by William Blair

William Blair rated Outperform Global Education & Technology Group(ADR) (NASDAQ: GEDU) on 11/29/2010, when the stock price was $9.53.
Since then, Global Education & Technology Group(ADR) has gained 12.28% as of 12/20/2011's recent price of $10.70.
If you would have followed this William Blair's recommendation on GEDU, you would have gained 12.27% of your investment in 386 days.

Global Education & Technology Group Limited (Global Education), through its subsidiaries, is engaged in the offering of a range of educational programs and services in the People?s Republic of China with a focus on English training and test preparation. The Company provides test preparation services for the International English Language Testing System (IELTS), on a nationwide basis in the People?s Republic of China. It offers online courses for English language training, as well as training to prepare students for national qualification exams in a number of professional fields, including engineering, accounting, medicine, finance and law. Its Global Kids English and Global Kids Science courses allow it to introduce its brand to children and their parents who may later enroll in its test preparation courses. In January 2010, Company completed the acquisition of Shenyang consultancy. In March 2010, the Company completed the acquisition of Xi?an and Hangzhou franchises.

The Equity Research department provides the firm's clients with in-depth investment analysis and investment recommendations. Acting as the company's laboratory for new investment ideas, it specializes in providing investment analysis on quality growth companies. Located together in our Chicago office, our equity analysts currently follow a universe of nearly 360 companies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/29/2010 2:25 PM Buy
None
9.53
as of 12/31/2010
1 Week up  3.95 %
1 Month down  -8.08 %
3 Months down  -11.84 %
1 YTD down  -11.84 %

(*) Stock Price at the time of the recommendation.
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