TAL Education Group (NYSE:TAL) Given Consensus Rating of "Hold" by Brokerages

Key Points

• TAL Education Group has received a consensus rating of "Hold" from five brokerages, with four analysts recommending hold and one recommending buy.
• The stock's average 12-month target price among brokerages is $12.66, following a downgrade from Citigroup which reduced its target from $13.40 to $11.54.
• Currently, TAL Education Group is trading at $11.16, down 0.9%, with a market cap of $6.79 billion and significant ownership (37.79%) by institutional investors.

TAL Education Group (NYSE:TAL - Get Free Report) has been given a consensus recommendation of "Hold" by the five brokerages that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $12.66.

TAL has been the topic of several analyst reports. Citigroup downgraded shares of TAL Education Group from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $13.40 to $11.54 in a research report on Friday, June 27th. Weiss Ratings reiterated a "hold (c-)" rating on shares of TAL Education Group in a research note on Saturday, September 27th.

Institutional Trading of TAL Education Group

Institutional investors have recently bought and sold shares of the business. Atlas Capital Advisors Inc. acquired a new stake in TAL Education Group during the 1st quarter worth $29,000. Headlands Technologies LLC bought a new stake in TAL Education Group in the 1st quarter valued at $99,000. Vontobel Holding Ltd. bought a new stake in TAL Education Group during the 1st quarter worth about $153,000. iA Global Asset Management Inc. lifted its position in TAL Education Group by 68.1% during the 1st quarter. iA Global Asset Management Inc. now owns 13,303 shares of the company's stock worth $176,000 after buying an additional 5,390 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in TAL Education Group by 19.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company's stock worth $143,000 after buying an additional 2,268 shares in the last quarter. Institutional investors and hedge funds own 37.79% of the company's stock.

TAL Education Group Trading Down 0.9%

NYSE:TAL traded down $0.11 during trading hours on Friday, hitting $11.16. 2,065,716 shares of the stock traded hands, compared to its average volume of 4,039,035. The firm has a 50 day moving average price of $10.93 and a 200 day moving average price of $10.73. TAL Education Group has a fifty-two week low of $8.50 and a fifty-two week high of $15.30. The firm has a market cap of $6.79 billion, a price-to-earnings ratio of 65.62, a PEG ratio of 1.02 and a beta of 0.12.

About TAL Education Group

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.

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