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TAL Education Group (NYSE:XRS) has earned a consensus rating of “Buy” from the eight analysts that are covering the stock, Analyst Ratings.Net reports. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $27.53.

XRS has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of TAL Education Group in a research note on Monday. They now have a $42.00 price target on the stock, up previously from $34.00. Separately, analysts at Zacks upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $29.10 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of TAL Education Group in a research note on Monday, May 5th. They set a “buy” rating and a $32.00 price target on the stock.

TAL Education Group (NYSE:XRS) traded down 4.11% during mid-day trading on Tuesday, hitting $27.97. The stock had a trading volume of 145,108 shares. TAL Education Group has a one year low of $10.15 and a one year high of $29.97. The stock’s 50-day moving average is $25.49 and its 200-day moving average is $23.73. The company has a market cap of $2.206 billion and a price-to-earnings ratio of 38.38.

TAL Education Group (NYSE:XRS) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.24 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.07. The company had revenue of $87.00 million for the quarter, compared to the consensus estimate of $85.42 million. During the same quarter last year, the company posted $0.11 earnings per share. TAL Education Group’s revenue was up 46.0% compared to the same quarter last year. On average, analysts predict that TAL Education Group will post $1.06 earnings per share for the current fiscal year.

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (NYSE:XRS).

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