TAL Education Group (NYSE:TAL) Stock Crosses Above 200 Day Moving Average of $11.84

Shares of TAL Education Group (NYSE:TAL) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $11.84 and traded as high as $13.90. TAL Education Group shares last traded at $13.65, with a volume of 4,324,529 shares traded.

Analysts Set New Price Targets

TAL has been the subject of a number of research reports. StockNews.com raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a research note on Friday, April 26th. TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a research report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. upgraded TAL Education Group from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $10.00 to $15.00 in a research report on Thursday, January 25th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $12.37.

TAL Education Group Stock Up 1.7 %

The business has a 50-day simple moving average of $12.12 and a 200-day simple moving average of $11.84. The company has a market cap of $8.70 billion, a PE ratio of -1,365.00 and a beta of 0.12.

Institutional Trading of TAL Education Group

Hedge funds have recently modified their holdings of the stock. National Bank of Canada FI raised its holdings in TAL Education Group by 73.4% in the first quarter. National Bank of Canada FI now owns 3,257,700 shares of the company’s stock valued at $36,975,000 after acquiring an additional 1,379,500 shares in the last quarter. Capitolis Liquid Global Markets LLC purchased a new stake in shares of TAL Education Group in the 1st quarter valued at approximately $14,925,000. Seven Eight Capital LP raised its holdings in shares of TAL Education Group by 18.2% in the 1st quarter. Seven Eight Capital LP now owns 273,949 shares of the company’s stock valued at $3,109,000 after purchasing an additional 42,126 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of TAL Education Group by 30.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 17,798 shares of the company’s stock worth $202,000 after purchasing an additional 4,177 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in shares of TAL Education Group by 40.6% during the first quarter. Acadian Asset Management LLC now owns 4,109,277 shares of the company’s stock worth $46,617,000 after purchasing an additional 1,187,364 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors and hedge funds.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.