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

TAL Education Group (NYSE:TAL) has been assigned an average rating of “Buy” from the four analysts that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $12.37.

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

TAL Education Group Stock Up 0.6 %

Shares of NYSE:TAL opened at $12.26 on Monday. TAL Education Group has a 52 week low of $5.09 and a 52 week high of $15.52. The stock has a market capitalization of $7.82 billion, a P/E ratio of -111.45 and a beta of 0.15. The firm has a fifty day simple moving average of $12.45 and a two-hundred day simple moving average of $11.53.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, January 25th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. The business had revenue of $373.51 million during the quarter, compared to analysts’ expectations of $330.96 million. On average, analysts expect that TAL Education Group will post -0.06 earnings per share for the current year.

Institutional Investors Weigh In On TAL Education Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BSN CAPITAL PARTNERS Ltd bought a new stake in shares of TAL Education Group in the 3rd quarter valued at about $19,982,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of TAL Education Group by 52.1% in the 3rd 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 in the last quarter. RWC Asset Management LLP bought a new position in shares of TAL Education Group during the 3rd quarter worth approximately $1,221,000. Advisor Partners II LLC raised its stake in shares of TAL Education Group by 42.4% during the 3rd quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after acquiring an additional 4,322 shares in the last quarter. Finally, Henry James International Management Inc. raised its stake in shares of TAL Education Group by 26.7% during the 3rd 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. Institutional investors own 37.79% of the company’s stock.

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.