[ET Net News Agency, 4 December 2024] CCB International lowered the target price for
China Edu Group (00839) to HKD4.6 from HKD6.8 and maintained the "outperform" rating.
The research house said it lowers FY25F/26F earnings forecast by 8%/9% to reflect slower
student enrolment growth, more conservative margins and a higher effective tax rate. (rc)