Analysts Set TAL Education Group (NYSE:TAL) Price Target at $14.80

Shares of TAL Education Group (NYSE:TAL - Get Free Report) have received a consensus recommendation of "Buy" from the three ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $14.80.

A number of brokerages recently weighed in on TAL. Citigroup dropped their price target on TAL Education Group from $21.30 to $13.40 and set a "buy" rating on the stock in a research note on Monday, August 5th. StockNews.com raised shares of TAL Education Group from a "sell" rating to a "hold" rating in a research report on Monday, October 28th.

TAL Education Group Trading Up 3.9 %

TAL stock traded up $0.40 on Tuesday, hitting $10.69. 5,593,348 shares of the company's stock traded hands, compared to its average volume of 7,044,167. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 97.18 and a beta of 0.01. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The stock has a fifty day moving average of $10.67 and a 200-day moving average of $10.11.

TAL Education Group (NYSE:TAL - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The company had revenue of $619.36 million during the quarter, compared to the consensus estimate of $609.51 million. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. During the same quarter in the prior year, the firm earned $0.06 EPS. On average, equities research analysts anticipate that TAL Education Group will post 0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of TAL Education Group by 2,309.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,758,735 shares of the company's stock worth $174,743,000 after acquiring an additional 14,146,152 shares in the last quarter. FMR LLC lifted its holdings in shares of TAL Education Group by 82,138.4% during the 3rd quarter. FMR LLC now owns 7,224,647 shares of the company's stock valued at $85,540,000 after buying an additional 7,215,862 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of TAL Education Group by 108.8% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,790,900 shares of the company's stock valued at $104,084,000 after buying an additional 4,581,100 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in TAL Education Group in the second quarter worth approximately $35,429,000. Finally, Public Employees Retirement System of Ohio bought a new position in TAL Education Group during the third quarter valued at approximately $25,545,000. 37.79% of the stock is owned by hedge funds and other institutional investors.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.