Analysts Set TAL Education Group (NYSE:TAL) PT at $12.37

TAL Education Group (NYSE:TALGet Free Report) has earned an average rating of “Buy” from the four analysts that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $12.37.

TAL has been the subject of a number of analyst reports. StockNews.com lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $10.00 to $15.00 in a research report on Thursday, January 25th. Finally, TheStreet upgraded shares of TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th.

View Our Latest Stock Analysis on TAL Education Group

TAL Education Group Stock Up 1.9 %

Shares of NYSE:TAL opened at $11.56 on Thursday. The firm has a market capitalization of $7.37 billion, a PE ratio of -105.09 and a beta of 0.15. TAL Education Group has a twelve month low of $5.09 and a twelve month high of $15.52. The company has a 50-day moving average price of $12.60 and a two-hundred day moving average price of $11.11.

TAL Education Group (NYSE:TALGet Free Report) last issued its earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). The business had revenue of $373.51 million for the quarter, compared to the consensus estimate of $330.96 million. TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. Analysts anticipate that TAL Education Group will post -0.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TAL Education Group

Hedge funds have recently bought and sold shares of the stock. Advisor Partners II LLC lifted its position in TAL Education Group by 42.4% during the third quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock valued at $132,000 after purchasing an additional 4,322 shares during the last quarter. WT Asset Management Ltd bought a new stake in TAL Education Group during the third quarter valued at approximately $15,286,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in TAL Education Group by 52.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 141,336 shares of the company’s stock valued at $1,288,000 after purchasing an additional 48,400 shares during the last quarter. Henry James International Management Inc. raised its stake in shares of TAL Education Group by 26.7% during the third quarter. Henry James International Management Inc. now owns 51,971 shares of the company’s stock worth $473,000 after acquiring an additional 10,966 shares in the last quarter. Finally, RWC Asset Management LLP purchased a new position in shares of TAL Education Group during the third quarter worth approximately $1,221,000. 37.79% of the stock is currently owned by institutional investors.

About TAL Education Group

(Get Free Report

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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