Brokerages Set TAL Education Group (NYSE:TAL) Target Price at $12.81

Shares of TAL Education Group (NYSE:TAL) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $12.8133.

Several brokerages have recently commented on TAL. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. Wall Street Zen lowered shares of TAL Education Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd.

Institutional Trading of TAL Education Group

Several hedge funds and other institutional investors have recently bought and sold shares of TAL. Quarry LP bought a new position in shares of TAL Education Group in the 3rd quarter worth $42,000. DV Equities LLC purchased a new position in TAL Education Group in the fourth quarter valued at about $49,000. Daiwa Securities Group Inc. raised its holdings in TAL Education Group by 194.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock worth $63,000 after purchasing an additional 3,800 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock valued at $108,000 after buying an additional 8,229 shares during the last quarter. Finally, Ballentine Partners LLC bought a new stake in shares of TAL Education Group in the 4th quarter valued at about $112,000. Institutional investors own 37.79% of the company’s stock.

TAL Education Group Stock Up 0.1%

Shares of NYSE:TAL opened at $10.56 on Monday. The business’s 50 day moving average is $11.27 and its 200 day moving average is $11.23. The stock has a market cap of $6.43 billion, a P/E ratio of 22.00 and a beta of 0.10. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $14.66.

About TAL Education Group

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.