Brokerages Set TAL Education Group (NYSE:TAL) PT at $15.18

Shares of TAL Education Group (NYSE:TAL) have earned an average recommendation of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $15.18.

A number of brokerages have issued reports on TAL. Macquarie Infrastructure upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating and set a $18.00 target price for the company in a research report on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Macquarie Capit upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target for the company in a research report on Thursday, October 30th. Finally, Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd.

TAL Education Group Price Performance

NYSE TAL opened at $12.10 on Thursday. The business has a 50 day moving average price of $11.32 and a 200 day moving average price of $11.22. The company has a market capitalization of $7.37 billion, a P/E ratio of 25.21 and a beta of 0.08. TAL Education Group has a 1-year low of $8.50 and a 1-year high of $15.30.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds have recently modified their holdings of the company. Quarry LP acquired a new position in shares of TAL Education Group in the third quarter valued at approximately $42,000. Hantz Financial Services Inc. raised its holdings in TAL Education Group by 572.7% in the 3rd quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock valued at $108,000 after acquiring an additional 8,229 shares during the last quarter. Ballentine Partners LLC purchased a new position in shares of TAL Education Group during the 4th quarter worth $112,000. Brooklyn Investment Group lifted its stake in shares of TAL Education Group by 386.0% during the 3rd quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock worth $124,000 after purchasing an additional 8,800 shares during the period. Finally, Prelude Capital Management LLC acquired a new stake in shares of TAL Education Group during the third quarter worth $142,000. 37.79% of the stock is owned by institutional investors and hedge funds.

TAL Education Group Company Profile

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.