TAL Education Group (NYSE:TAL) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of TAL Education Group (NYSE:TAL) have received a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $12.8133.

Several analysts have recently weighed in on the company. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a report on Sunday. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th.

Hedge Funds Weigh In On TAL Education Group

Hedge funds have recently modified their holdings of the business. AQR Capital Management LLC acquired a new stake in TAL Education Group in the first quarter valued at $258,000. Y Intercept Hong Kong Ltd lifted its holdings in TAL Education Group by 17.3% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 17,646 shares of the company’s stock worth $180,000 after buying an additional 2,607 shares during the period. Resona Asset Management Co. Ltd. grew its position in shares of TAL Education Group by 4.7% in the 2nd quarter. Resona Asset Management Co. Ltd. now owns 117,804 shares of the company’s stock valued at $1,211,000 after buying an additional 5,288 shares during the last quarter. Aviva PLC grew its position in shares of TAL Education Group by 3.9% in the 2nd quarter. Aviva PLC now owns 298,838 shares of the company’s stock valued at $3,054,000 after buying an additional 11,307 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of TAL Education Group by 12.1% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,782,395 shares of the company’s stock valued at $18,216,000 after buying an additional 193,038 shares during the period. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Stock Up 2.4%

Shares of TAL stock opened at $10.68 on Monday. TAL Education Group has a twelve month low of $8.50 and a twelve month high of $14.66. The stock’s fifty day simple moving average is $11.26 and its 200 day simple moving average is $11.22. The firm has a market capitalization of $6.50 billion, a P/E ratio of 22.25 and a beta of 0.11.

About TAL Education Group

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.