TAL Education Group (NYSE:TAL) Cut to Hold at Zacks Research

Zacks Research downgraded shares of TAL Education Group (NYSE:TAL) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the company. Wall Street Zen raised TAL Education Group from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $12.81.

TAL Education Group Trading Down 0.2%

Shares of TAL opened at $11.21 on Tuesday. TAL Education Group has a 12-month low of $8.50 and a 12-month high of $13.56. The stock has a market cap of $6.82 billion, a P/E ratio of 23.35 and a beta of 0.15. The company has a 50-day moving average of $11.22 and a two-hundred day moving average of $11.28.

Institutional Trading of TAL Education Group

Several institutional investors have recently made changes to their positions in the stock. Aberdeen Group plc raised its position in shares of TAL Education Group by 13.1% in the 3rd quarter. Aberdeen Group plc now owns 351,142 shares of the company’s stock worth $3,957,000 after buying an additional 40,623 shares during the period. Hantz Financial Services Inc. increased its stake in TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after acquiring an additional 8,229 shares during the last quarter. OPTIMAS CAPITAL Ltd purchased a new position in shares of TAL Education Group in the 3rd quarter worth about $1,040,000. Y Intercept Hong Kong Ltd raised its holdings in shares of TAL Education Group by 747.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 149,606 shares of the company’s stock worth $1,676,000 after purchasing an additional 131,960 shares during the period. Finally, Myriad Asset Management US LP acquired a new position in shares of TAL Education Group in the 3rd quarter valued at about $396,000. 37.79% of the stock is owned by hedge funds and other institutional investors.

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.