TAL Education Group (NYSE:TAL) Given Average Rating of “Buy” by Brokerages

TAL Education Group (NYSE:TALGet Free Report) has earned an average rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $15.18.

Several equities analysts have commented on TAL shares. Macquarie Infrastructure upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating and set a $18.00 price target on the stock in a research note on Friday, January 30th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th.

Read Our Latest Report on TAL

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in TAL Education Group in the second quarter valued at $2,855,000. Prudential PLC grew its holdings in shares of TAL Education Group by 6.0% during the second quarter. Prudential PLC now owns 231,037 shares of the company’s stock worth $2,361,000 after buying an additional 13,081 shares during the last quarter. Beck Bode LLC increased its position in TAL Education Group by 15.2% in the 2nd quarter. Beck Bode LLC now owns 524,560 shares of the company’s stock valued at $5,361,000 after acquiring an additional 69,087 shares during the period. KBC Group NV raised its stake in TAL Education Group by 606.2% during the 2nd quarter. KBC Group NV now owns 143,623 shares of the company’s stock valued at $1,468,000 after acquiring an additional 123,286 shares during the last quarter. Finally, Greenwoods Asset Management Hong Kong Ltd. lifted its position in TAL Education Group by 9.1% during the 2nd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 2,671,361 shares of the company’s stock worth $27,301,000 after acquiring an additional 222,544 shares during the period. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Stock Performance

NYSE:TAL opened at $11.91 on Thursday. TAL Education Group has a 1 year low of $8.50 and a 1 year high of $15.30. The stock has a market cap of $7.25 billion, a P/E ratio of 24.80 and a beta of 0.08. The stock has a 50-day simple moving average of $11.36 and a 200-day simple moving average of $11.24.

About TAL Education Group

(Get Free Report)

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.

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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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