Analysts Set TAL Education (TAL) Target Price at $31.12

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.

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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.

TAL Education (NYSE:TAL) last announced its quarterly earnings results on Thursday, January 25th. The company reported $0.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.07. TAL Education had a return on equity of 19.59% and a net margin of 10.55%. The firm had revenue of $433.27 million for the quarter. equities analysts forecast that TAL Education will post 0.31 earnings per share for the current fiscal year.

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.

Analyst Recommendations for TAL Education (NYSE:TAL)

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