JPMorgan Chase & Co. Lowers TAL Education Group (NYSE:TAL) Price Target to $16.00

TAL Education Group (NYSE:TAL - Get Free Report) had its price objective cut by investment analysts at JPMorgan Chase & Co. from $17.00 to $16.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 74.86% from the stock's current price.

Other research analysts have also issued research reports about the company. StockNews.com raised TAL Education Group from a "sell" rating to a "hold" rating in a report on Friday, January 24th. UBS Group raised their price objective on shares of TAL Education Group from $16.40 to $17.20 and gave the company a "buy" rating in a research report on Friday, January 24th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, TAL Education Group presently has a consensus rating of "Moderate Buy" and an average target price of $13.70.

TAL Education Group Trading Up 2.5 %

Shares of NYSE TAL traded up $0.22 during midday trading on Monday, hitting $9.15. The company's stock had a trading volume of 12,064,595 shares, compared to its average volume of 7,270,106. The stock has a fifty day moving average price of $12.23 and a 200 day moving average price of $11.29. The firm has a market capitalization of $5.53 billion, a price-to-earnings ratio of 48.16 and a beta of 0.03. TAL Education Group has a one year low of $7.35 and a one year high of $15.30.

TAL Education Group (NYSE:TAL - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.06). TAL Education Group had a net margin of 5.77% and a return on equity of 3.22%. The business had revenue of $610.24 million for the quarter, compared to the consensus estimate of $639.89 million. During the same period in the previous year, the firm earned $0.08 EPS. On average, equities research analysts predict that TAL Education Group will post 0.2 earnings per share for the current fiscal year.

Institutional Trading of TAL Education Group

A number of large investors have recently modified their holdings of TAL. SBI Securities Co. Ltd. bought a new stake in TAL Education Group during the fourth quarter valued at approximately $40,000. iA Global Asset Management Inc. purchased a new stake in shares of TAL Education Group during the 4th quarter valued at $79,000. Blue Trust Inc. lifted its holdings in shares of TAL Education Group by 28.1% during the 4th quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock worth $99,000 after acquiring an additional 2,158 shares during the last quarter. Dark Forest Capital Management LP purchased a new position in TAL Education Group in the fourth quarter worth $114,000. Finally, PNC Financial Services Group Inc. increased its stake in TAL Education Group by 15.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,829 shares of the company's stock valued at $119,000 after acquiring an additional 1,556 shares during the last quarter. Institutional investors own 37.79% of the company's stock.

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.