TAL Education Group (NYSE:TAL) Rating Increased to Hold at StockNews.com

TAL Education Group (NYSE:TAL) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Friday.

Several other research analysts also recently weighed in on the company. TheStreet upgraded TAL Education Group from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and raised their price target for the company from $10.00 to $15.00 in a 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’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $12.37.

TAL Education Group Trading Up 0.4 %

Shares of TAL stock opened at $13.41 on Friday. The business’s 50 day moving average is $12.41 and its two-hundred day moving average is $11.59. TAL Education Group has a twelve month low of $5.09 and a twelve month high of $15.52. The company has a market capitalization of $8.55 billion, a P/E ratio of -1,339.66 and a beta of 0.15.

TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). TAL Education Group had a negative net margin of 0.24% and a negative return on equity of 0.10%. The company had revenue of $373.51 million during the quarter, compared to analysts’ expectations of $330.96 million. As a group, equities analysts predict that TAL Education Group will post 0.11 earnings per share for the current fiscal year.

Institutional Trading of TAL Education Group

Several hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC raised its holdings in TAL Education Group by 50.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after purchasing an additional 1,191 shares during the last quarter. Aviva PLC raised its holdings in TAL Education Group by 0.6% during the third quarter. Aviva PLC now owns 284,351 shares of the company’s stock worth $2,590,000 after purchasing an additional 1,600 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in TAL Education Group by 16.9% during the third quarter. Daiwa Securities Group Inc. now owns 20,100 shares of the company’s stock worth $183,000 after purchasing an additional 2,900 shares during the last quarter. Advisor Partners II LLC raised its holdings in TAL Education Group by 42.4% during the third quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after purchasing an additional 4,322 shares during the last quarter. Finally, IPG Investment Advisors LLC acquired a new position in TAL Education Group during the fourth quarter worth $126,000. 37.79% of the stock is owned by institutional investors and hedge funds.

About TAL Education Group

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.