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

Shares of TAL Education Group (NYSE:TAL) have received an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $12.8133.

Several analysts have issued reports on the company. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th.

TAL Education Group Stock Down 0.0%

Shares of TAL stock opened at $10.82 on Friday. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 22.53 and a beta of 0.11. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $13.74. The company’s 50 day moving average is $11.20 and its 200 day moving average is $11.27.

Institutional Trading of TAL Education Group

Hedge funds have recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of TAL Education Group in the 4th quarter worth approximately $213,329,000. Aspex Management HK Ltd lifted its position in TAL Education Group by 52.0% during the second quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock valued at $220,614,000 after acquiring an additional 7,388,698 shares during the last quarter. Serenity Capital Management PTE. LTD. lifted its position in TAL Education Group by 16,237.0% during the third quarter. Serenity Capital Management PTE. LTD. now owns 4,730,377 shares of the company’s stock valued at $52,980,000 after acquiring an additional 4,701,422 shares during the last quarter. Krane Funds Advisors LLC boosted its stake in TAL Education Group by 25.5% in the third quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after acquiring an additional 4,684,426 shares in the last quarter. Finally, Norges Bank acquired a new stake in TAL Education Group in the fourth quarter valued at approximately $49,158,000. 37.79% of the stock is owned by hedge funds and other institutional investors.

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.