Share on StockTwits

Equities research analysts at T.H. Capital hoisted their price objective on shares of TAL Education Group (NYSE:XRS) to $31.00 in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. T.H. Capital’s price target indicates a potential upside of 14.60% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of TAL Education Group in a research note on Monday, July 7th. 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. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $28.96.

TAL Education Group (NYSE:XRS) traded up 2.03% during mid-day trading on Tuesday, hitting $27.60. 663,297 shares of the company’s stock traded hands. TAL Education Group has a 52 week low of $11.16 and a 52 week high of $29.97. The stock has a 50-day moving average of $26.78 and a 200-day moving average of $24.16. The company has a market cap of $2.177 billion and a P/E ratio of 35.59.

TAL Education Group (NYSE:XRS) last issued its quarterly earnings data on Monday, July 21st. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. The company had revenue of $89.00 million for the quarter, compared to the consensus estimate of $86.90 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 45.0% on a year-over-year basis. 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).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.