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TAL Education Group (NYSE:XRS) has received an average recommendation of “Buy” from the eight brokerages that are covering the company, AmericanBankingNews.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $30.94.

Shares of TAL Education Group (NYSE:XRS) opened at 34.15 on Tuesday. TAL Education Group has a 1-year low of $11.70 and a 1-year high of $35.19. The stock’s 50-day moving average is $30.17 and its 200-day moving average is $25.50. The company has a market cap of $2.693 billion and a P/E ratio of 42.44.

TAL Education Group (NYSE:XRS) last announced its earnings results on Monday, July 21st. The company reported $0.22 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.13 earnings per share. TAL Education Group’s revenue was up 45.0% compared to the same quarter last year. Analysts expect that TAL Education Group will post $1.04 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of TAL Education Group from $32.00 to $43.00 in a research note on Thursday. Separately, analysts at Zacks downgraded shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $32.00 price target on the stock. Finally, analysts at T.H. Capital raised their price target on shares of TAL Education Group to $31.00 in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock.

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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