TAL Education Group (TAL) Given Consensus Rating of “Buy” by Brokerages

TAL Education Group (NYSE:TAL) has been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $41.38.

Several research firms have issued reports on TAL. ValuEngine upgraded TAL Education Group from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th. Citigroup upgraded TAL Education Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 9th. Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Tuesday, January 29th. TheStreet upgraded TAL Education Group from a “c+” rating to a “b-” rating in a research note on Friday, January 25th. Finally, Macquarie set a $32.00 target price on TAL Education Group and gave the company a “buy” rating in a research note on Tuesday, January 15th.

Hedge funds have recently modified their holdings of the company. Commonwealth Bank of Australia boosted its position in TAL Education Group by 66.7% in the fourth quarter. Commonwealth Bank of Australia now owns 1,000 shares of the company’s stock valued at $26,000 after buying an additional 400 shares during the last quarter. Csenge Advisory Group acquired a new position in TAL Education Group in the third quarter valued at approximately $27,000. Bremer Trust National Association acquired a new position in TAL Education Group in the fourth quarter valued at approximately $33,000. Lavaca Capital LLC acquired a new position in TAL Education Group in the fourth quarter valued at approximately $58,000. Finally, Quadrant Capital Group LLC lifted its holdings in TAL Education Group by 246.9% in the fourth quarter. Quadrant Capital Group LLC now owns 3,309 shares of the company’s stock valued at $86,000 after acquiring an additional 2,355 shares during the period. Institutional investors and hedge funds own 58.80% of the company’s stock.

Shares of NYSE:TAL traded down $0.11 on Wednesday, hitting $35.97. 109,648 shares of the company’s stock were exchanged, compared to its average volume of 3,307,590. TAL Education Group has a 12 month low of $21.08 and a 12 month high of $47.63. The company has a market cap of $20.45 billion, a price-to-earnings ratio of 105.35 and a beta of 0.12.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, January 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.16. TAL Education Group had a return on equity of 18.88% and a net margin of 14.40%. The company had revenue of $585.99 million for the quarter, compared to analyst estimates of $573.90 million. During the same quarter in the previous year, the firm earned $0.09 earnings per share. The firm’s quarterly revenue was up 35.2% compared to the same quarter last year. On average, analysts forecast that TAL Education Group will post 0.55 EPS for the current fiscal year.

TAL Education Group Company Profile

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

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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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