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Macquarie started coverage on shares of TAL International Group (NYSE:TAL) in a research note issued on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.

TAL International Group (NYSE:TAL) traded up 0.22% during mid-day trading on Wednesday, hitting $44.76. The stock had a trading volume of 207,617 shares. TAL International Group has a 52-week low of $38.50 and a 52-week high of $57.82. The stock’s 50-day moving average is $44.25 and its 200-day moving average is $44.57. The company has a market cap of $1.504 billion and a price-to-earnings ratio of 11.11.

TAL International Group (NYSE:TAL) last announced its earnings results on Wednesday, April 23rd. The company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.04. The company had revenue of $157.30 million for the quarter, compared to the consensus estimate of $155.89 million. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter was up .8% on a year-over-year basis. On average, analysts predict that TAL International Group will post $3.88 earnings per share for the current fiscal year.

TAL has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of TAL International Group from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 2nd. They now have a $46.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of TAL International Group in a research note on Friday, April 25th. They now have a $43.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $48.43.

TAL International Group, Inc is a lessor of intermodal containers and chassis. The Company has two segments: Equipment leasing, in which the Company owns, leases and disposes containers and chassis from its lease fleet, as well as manages containers owned by third parties, and Equipment trading, in which the Company purchases containers from shipping line customers, and other sellers of containers, and resells these containers to container traders and users of containers for storage or one-way shipment.

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