Analysts Set TAL Education Group (NYSE:TAL) Target Price at $14.80

TAL Education Group (NYSE:TAL) has earned a consensus rating of “Buy” from the three research firms that are covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a buy rating. The average 12-month target price among analysts that have covered the stock in the last year is $15.53.

A number of analysts recently issued reports on the stock. StockNews.com upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research note on Friday, January 24th. UBS Group upped their price objective on TAL Education Group from $16.40 to $17.20 and gave the stock a “buy” rating in a research note on Friday, January 24th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. WT Asset Management Ltd bought a new stake in shares of TAL Education Group in the 4th quarter worth $1,042,000. E. Ohman J or Asset Management AB purchased a new position in TAL Education Group during the 4th quarter worth approximately $301,000. China Universal Asset Management Co. Ltd. purchased a new position in shares of TAL Education Group during the fourth quarter valued at $952,000. Robeco Institutional Asset Management B.V. increased its holdings in shares of TAL Education Group by 26.4% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 181,176 shares of the company’s stock valued at $1,815,000 after purchasing an additional 37,814 shares during the period. Finally, Blue Trust Inc. lifted its position in TAL Education Group by 28.1% in the 4th quarter. Blue Trust Inc. now owns 9,843 shares of the company’s stock worth $99,000 after buying an additional 2,158 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Trading Up 7.4 %

TAL opened at $12.92 on Wednesday. TAL Education Group has a twelve month low of $7.34 and a twelve month high of $15.52. The firm has a market cap of $7.81 billion, a price-to-earnings ratio of 117.45 and a beta of -0.01. The company has a fifty day simple moving average of $10.00 and a 200 day simple moving average of $9.81.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.