Brokerages Set TAL Education Group (NYSE:TAL) Target Price at $12.37

TAL Education Group (NYSE:TAL) has earned a consensus recommendation of “Buy” from the four analysts that are presently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a buy rating. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $12.37.

Several research firms have commented on TAL. StockNews.com raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Friday. TheStreet raised shares of TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and upped their price target for the company from $10.00 to $15.00 in a report on Thursday, January 25th.

TAL Education Group Price Performance

TAL Education Group stock opened at $13.40 on Monday. The company has a market capitalization of $8.54 billion, a price-to-earnings ratio of -121.82 and a beta of 0.15. TAL Education Group has a one year low of $5.09 and a one year high of $15.52. The company’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $11.57.

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

Institutional Investors Weigh In On TAL Education Group

Several hedge funds have recently made changes to their positions in TAL. Tower Research Capital LLC TRC raised its position in TAL Education Group by 50.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after purchasing an additional 1,191 shares in the last quarter. IPG Investment Advisors LLC acquired a new position in TAL Education Group in the fourth quarter worth about $126,000. Advisor Partners II LLC raised its position in TAL Education Group by 42.4% in the third quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after purchasing an additional 4,322 shares in the last quarter. New York State Common Retirement Fund raised its position in TAL Education Group by 668.6% in the fourth quarter. New York State Common Retirement Fund now owns 12,298 shares of the company’s stock worth $155,000 after purchasing an additional 10,698 shares in the last quarter. Finally, Diversified Trust Co acquired a new stake in shares of TAL Education Group during the fourth quarter worth approximately $180,000. 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.