RYB Education (NYSE:RYB) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.
According to Zacks, “RYB Education, Inc. provides educational services primarily in China. It offer training in subjects and languages, teacher recruitment, guidance, innovative learning, development of children, rating systems, parents consulting and other services. The Company operates kindergarten and pre-schools. RYB Education, Inc. is based in BEIJING, China. “
Separately, Morgan Stanley lowered shares of RYB Education from an “overweight” rating to an “equal weight” rating in a report on Monday.
Several institutional investors have recently made changes to their positions in the stock. Schroder Investment Management Group bought a new stake in shares of RYB Education during the 3rd quarter valued at approximately $10,688,000. Greenwoods Asset Management Ltd bought a new stake in shares of RYB Education during the 3rd quarter valued at approximately $5,757,000. Pinebridge Investments L.P. bought a new stake in shares of RYB Education during the 3rd quarter valued at approximately $1,151,000. Finally, Athos Capital Ltd bought a new stake in shares of RYB Education during the 3rd quarter valued at approximately $428,000. 19.99% of the stock is currently owned by institutional investors.
COPYRIGHT VIOLATION WARNING: This article was first published by Markets Daily and is the sole property of of Markets Daily. If you are reading this article on another site, it was stolen and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this article can be viewed at https://www.themarketsdaily.com/2018/01/11/ryb-education-ryb-cut-to-sell-at-zacks-investment-research.html.
RYB Education Company Profile
RYB Education, Inc is engaged in providing early childhood education services in China. The Company develops various educational products and services, such as teaching aids, educational toys and at-home education products and services. The Company promotes and sells its self-developed and third party products and services through its franchisees and Hong Shan Enable Alliance participants for their further distribution and directly to number of families.The Company kindergarten offers preschool education to 2-6-year-old children.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for RYB Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RYB Education and related companies with MarketBeat.com's FREE daily email newsletter.