TAL Education Group (TAL) Receives $41.48 Consensus Price Target from Brokerages

TAL Education Group (NYSE:TAL) has been given a consensus recommendation of “Hold” by the ten brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $41.48.

A number of brokerages have commented on TAL. Zacks Investment Research downgraded shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 1st. ValuEngine downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, May 10th. Morgan Stanley raised shares of TAL Education Group from an “equal weight” rating to an “overweight” rating and set a $34.90 price target for the company in a research report on Monday, March 25th. Jefferies Financial Group downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $37.00 to $33.00 in a research report on Friday, April 26th. Finally, TheStreet raised shares of TAL Education Group from a “c+” rating to a “b-” rating in a research report on Friday, January 25th.

Institutional investors have recently added to or reduced their stakes in the business. Jump Trading LLC acquired a new position in TAL Education Group in the fourth quarter worth $433,000. Brookstone Capital Management raised its stake in shares of TAL Education Group by 20.5% during the first quarter. Brookstone Capital Management now owns 11,433 shares of the company’s stock valued at $413,000 after purchasing an additional 1,948 shares in the last quarter. Legal & General Group Plc raised its stake in shares of TAL Education Group by 26.8% during the fourth quarter. Legal & General Group Plc now owns 2,057,903 shares of the company’s stock valued at $54,905,000 after purchasing an additional 435,420 shares in the last quarter. American Century Companies Inc. raised its stake in shares of TAL Education Group by 9.4% during the fourth quarter. American Century Companies Inc. now owns 1,227,094 shares of the company’s stock valued at $32,739,000 after purchasing an additional 105,355 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of TAL Education Group by 4.0% during the fourth quarter. BlackRock Inc. now owns 16,238,836 shares of the company’s stock valued at $433,253,000 after purchasing an additional 629,229 shares in the last quarter. 60.33% of the stock is owned by hedge funds and other institutional investors.



TAL Education Group stock traded down $0.35 during trading hours on Thursday, reaching $33.75. 368,511 shares of the stock were exchanged, compared to its average volume of 3,672,897. The company has a market cap of $19.33 billion, a P/E ratio of 55.33 and a beta of 0.13. TAL Education Group has a 52-week low of $21.08 and a 52-week high of $47.63.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, April 25th. The company reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.06. The company had revenue of $726.60 million during the quarter, compared to the consensus estimate of $685.64 million. TAL Education Group had a net margin of 14.33% and a return on equity of 18.28%. TAL Education Group’s quarterly revenue was up 44.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 EPS. As a group, equities analysts anticipate that TAL Education Group will post 0.7 EPS for the current year.

TAL Education Group Company Profile

TAL Education Group 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. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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