TAL Education Group (NYSE:TAL) has received an average recommendation of “Buy” from the eleven research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $31.62.

TAL has been the subject of several research analyst reports. Morgan Stanley initiated coverage on shares of TAL Education Group in a research note on Friday, August 25th. They set an “overweight” rating and a $37.00 target price for the company. Jefferies Group upped their target price on shares of TAL Education Group to $35.00 and gave the company a “buy” rating in a research note on Monday, August 28th. Zacks Investment Research cut shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. Bank of America reiterated a “buy” rating and set a $40.30 target price (up from $29.10) on shares of TAL Education Group in a research note on Monday, September 25th. Finally, Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th.

Several hedge funds have recently made changes to their positions in the company. Oppenheimer Asset Management Inc. acquired a new position in shares of TAL Education Group in the 2nd quarter valued at $153,000. Tower Research Capital LLC TRC acquired a new position in shares of TAL Education Group in the 2nd quarter valued at $154,000. QS Investors LLC acquired a new position in shares of TAL Education Group in the 2nd quarter valued at $208,000. Brighton Jones LLC acquired a new position in shares of TAL Education Group in the 2nd quarter valued at $226,000. Finally, Alta Advisers Ltd acquired a new position in shares of TAL Education Group in the 2nd quarter valued at $257,000. Institutional investors own 51.34% of the company’s stock.

TAL Education Group (NYSE:TAL) traded up $1.29 during trading hours on Thursday, reaching $29.07. 5,211,500 shares of the company traded hands, compared to its average volume of 3,994,113. The firm has a market cap of $14,520.00, a PE ratio of 115.75, a P/E/G ratio of 1.29 and a beta of 0.17. TAL Education Group has a 1 year low of $11.02 and a 1 year high of $36.16. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). The company had revenue of $455.80 million for the quarter, compared to analyst estimates of $441.18 million. TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The company’s quarterly revenue was up 68.1% on a year-over-year basis. research analysts forecast that TAL Education Group will post 0.37 EPS for the current fiscal year.

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TAL Education Group Company Profile

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 (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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