TAL Education Group (NYSE:TAL) Receives $12.37 Average PT from Analysts

Shares of TAL Education Group (NYSE:TAL) have received a consensus recommendation of “Buy” from the four brokerages that are currently covering the stock, Marketbeat reports. Four analysts have rated the stock with a buy rating. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $12.37.

A number of research firms recently weighed in on TAL. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $10.00 to $15.00 in a research report on Thursday, January 25th. TheStreet raised shares of TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Finally, StockNews.com lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Wednesday, February 7th.

TAL Education Group Trading Up 0.6 %

Shares of NYSE TAL opened at $12.26 on Monday. The firm’s 50-day moving average price is $12.45 and its 200-day moving average price is $11.53. The stock has a market capitalization of $7.82 billion, a price-to-earnings ratio of -111.45 and a beta of 0.15. TAL Education Group has a 12-month low of $5.09 and a 12-month high of $15.52.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.02). TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. The firm had revenue of $373.51 million during the quarter, compared to analysts’ expectations of $330.96 million. On average, equities analysts predict that TAL Education Group will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

A number of institutional investors have recently modified their holdings of TAL. BSN CAPITAL PARTNERS Ltd purchased a new position in shares of TAL Education Group during the third quarter worth approximately $19,982,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of TAL Education Group by 52.1% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 141,336 shares of the company’s stock worth $1,288,000 after acquiring an additional 48,400 shares during the period. RWC Asset Management LLP purchased a new position in shares of TAL Education Group during the third quarter worth approximately $1,221,000. Advisor Partners II LLC increased its position in shares of TAL Education Group by 42.4% during the third quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after acquiring an additional 4,322 shares during the period. Finally, Henry James International Management Inc. increased its position in shares of TAL Education Group by 26.7% during the third quarter. Henry James International Management Inc. now owns 51,971 shares of the company’s stock worth $473,000 after acquiring an additional 10,966 shares during the period. 37.79% of the stock is owned by hedge funds and other institutional investors.

About TAL Education Group

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.