TAL Education Group (NYSE:TAL – Get Rating)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $8.52, but opened at $8.79. TAL Education Group shares last traded at $8.54, with a volume of 25,037 shares trading hands.
Wall Street Analyst Weigh In
A number of research firms have weighed in on TAL. Bank of America upgraded shares of TAL Education Group from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $4.30 to $4.70 in a research note on Monday, October 31st. StockNews.com lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday. CICC Research upgraded shares of TAL Education Group from a “market perform” rating to an “outperform” rating in a research note on Monday, October 31st. Finally, UBS Group upgraded shares of TAL Education Group from a “neutral” rating to a “buy” rating and raised their price objective for the company from $4.94 to $6.50 in a research note on Thursday, November 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, TAL Education Group has a consensus rating of “Hold” and a consensus target price of $5.60.
TAL Education Group Price Performance
The business’s 50 day moving average price is $6.77 and its 200 day moving average price is $5.49. The stock has a market capitalization of $5.57 billion, a P/E ratio of -22.15 and a beta of -0.10.
Institutional Trading of TAL Education Group
TAL Education Group Company Profile
TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.
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