TAL Education Group (TAL) Given Consensus Recommendation of “Buy” by Analysts

TAL Education Group (NYSE:TAL) has earned an average recommendation of “Buy” from the twelve brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $31.12.

A number of research firms have recently weighed in on TAL. Zacks Investment Research downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Deutsche Bank began coverage on shares of TAL Education Group in a research report on Thursday, January 4th. They issued a “buy” rating and a $35.00 target price on the stock. ValuEngine downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Finally, Macquarie downgraded shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th.

Shares of TAL Education Group (NYSE:TAL) traded up $0.36 during trading on Tuesday, reaching $36.08. 5,044,348 shares of the company’s stock were exchanged, compared to its average volume of 6,395,701. The stock has a market cap of $17,900.00, a P/E ratio of 124.41 and a beta of 0.40. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.25. TAL Education Group has a fifty-two week low of $13.50 and a fifty-two week high of $36.20.

Large investors have recently added to or reduced their stakes in the company. Nippon Life Insurance Co. boosted its stake in TAL Education Group by 500.0% in the 3rd quarter. Nippon Life Insurance Co. now owns 3,708 shares of the company’s stock worth $125,000 after purchasing an additional 3,090 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in TAL Education Group by 531.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock worth $166,000 after purchasing an additional 4,131 shares in the last quarter. OLD National Bancorp IN bought a new position in TAL Education Group in the 3rd quarter worth about $206,000. QS Investors LLC bought a new position in TAL Education Group in the 2nd quarter worth about $208,000. Finally, CIBC Asset Management Inc bought a new position in TAL Education Group in the 3rd quarter worth about $215,000. 52.79% of the stock is currently owned by hedge funds and other institutional investors.

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TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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