TAL Education (NYSE:TAL) has been given an average rating of “Buy” by the twelve analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $31.12.
A number of analysts have weighed in on TAL shares. Deutsche Bank started coverage on TAL Education in a research report on Thursday, January 4th. They issued a “buy” rating and a $35.00 price target on the stock. Zacks Investment Research cut TAL Education from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th.
Shares of TAL traded up $0.36 on Wednesday, reaching $36.57. 2,356,272 shares of the stock traded hands, compared to its average volume of 5,489,055. The stock has a market cap of $17,520.81, a PE ratio of 166.23 and a beta of 0.34. 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 has a 12 month low of $17.51 and a 12 month high of $41.75.
Institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in TAL Education by 531.0% in the third 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. Private Advisor Group LLC acquired a new position in TAL Education in the fourth quarter worth $247,000. BB&T Securities LLC acquired a new position in TAL Education in the third quarter worth $267,000. Mackenzie Financial Corp acquired a new position in TAL Education in the third quarter worth $272,000. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH acquired a new position in TAL Education in the fourth quarter worth $290,000. 55.94% of the stock is currently owned by institutional investors.
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About TAL Education
TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It 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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