JPMorgan Chase & Co. Cuts TAL Education Group (NYSE:TAL) Price Target to $16.00

TAL Education Group (NYSE:TAL - Get Free Report) had its price target decreased by analysts at JPMorgan Chase & Co. from $17.00 to $16.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 81.08% from the stock's current price.

Other research analysts also recently issued reports about the company. UBS Group lifted their price target on TAL Education Group from $16.40 to $17.20 and gave the stock a "buy" rating in a research report on Friday, January 24th. StockNews.com upgraded shares of TAL Education Group from a "sell" rating to a "hold" rating in a research note on Friday, January 24th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, TAL Education Group has a consensus rating of "Moderate Buy" and an average price target of $13.70.

TAL Education Group Stock Performance

Shares of TAL Education Group stock traded down $0.09 on Monday, reaching $8.84. The stock had a trading volume of 3,911,716 shares, compared to its average volume of 7,286,411. The business's 50-day moving average price is $12.34 and its two-hundred day moving average price is $11.30. The stock has a market cap of $5.34 billion, a P/E ratio of 46.66 and a beta of 0.03. TAL Education Group has a fifty-two week low of $7.35 and a fifty-two week high of $15.30.

TAL Education Group (NYSE:TAL - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). The firm had revenue of $610.24 million for the quarter, compared to the consensus estimate of $639.89 million. TAL Education Group had a net margin of 5.77% and a return on equity of 3.22%. During the same quarter last year, the company earned $0.08 earnings per share. As a group, equities analysts forecast that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Institutional Trading of TAL Education Group

Institutional investors have recently modified their holdings of the company. O Shaughnessy Asset Management LLC raised its stake in shares of TAL Education Group by 5.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,636 shares of the company's stock valued at $167,000 after purchasing an additional 838 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in TAL Education Group by 8.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 16,596 shares of the company's stock valued at $166,000 after buying an additional 1,256 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of TAL Education Group by 15.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,829 shares of the company's stock valued at $119,000 after buying an additional 1,556 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of TAL Education Group by 28.1% during the 4th quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock worth $99,000 after acquiring an additional 2,158 shares during the period. Finally, RWC Asset Management LLP boosted its position in shares of TAL Education Group by 3.0% during the 4th quarter. RWC Asset Management LLP now owns 93,784 shares of the company's stock valued at $940,000 after acquiring an additional 2,726 shares in the last quarter. Institutional investors and hedge funds own 37.79% of the company's stock.

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.