The Zhitong Finance App learned that Goldman Sachs released a research report stating that it will maintain the purchase rating of New Oriental-S (09901.HK) and raise the target price to HK$42 based on the Segment Plus Valuation Method (SOTP). If the company can achieve the profit margin expansion guidelines for the May quarter, the bank expects investor confidence to gradually improve, and the valuation multiplier for New Oriental's core business will gradually increase from the 12-month forward price-earnings ratio of 1 times the current one.

The Zhitong Finance App learned that Goldman Sachs released a research report stating that it will maintain the purchase rating of New Oriental-S (09901.HK) and raise the target price to HK$42 based on the Segment Plus Valuation Method (SOTP). If the company can achieve the profit margin expansion guidelines for the May quarter, the bank expects investor confidence to gradually improve, and the valuation multiplier for New Oriental's core business will gradually increase from the 12-month forward price-earnings ratio of 1 times the current one.