TAL Education Group (NYSE:TAL) had its price objective raised by equities research analysts at Jefferies Group LLC to $35.00 in a research report issued on Monday. The firm currently has a “buy” rating on the stock. Jefferies Group LLC’s price target would indicate a potential upside of 19.62% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Citigroup Inc. assumed coverage on shares of TAL Education Group in a research note on Tuesday, July 18th. They issued a “neutral” rating and a $25.00 price target on the stock. Goldman Sachs Group, Inc. (The) lowered shares of TAL Education Group from a “buy” rating to a “neutral” rating and set a $22.17 price target on the stock. in a research note on Tuesday, May 16th. Macquarie assumed coverage on shares of TAL Education Group in a research note on Thursday, June 29th. They issued an “outperform” rating and a $27.50 price target on the stock. UBS AG assumed coverage on shares of TAL Education Group in a research note on Tuesday, August 1st. They issued a “buy” rating on the stock. Finally, J P Morgan Chase & Co lifted their price target on shares of TAL Education Group to $31.67 and gave the company an “overweight” rating in a research note on Thursday, July 27th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. TAL Education Group currently has a consensus rating of “Buy” and an average target price of $25.76.

TAL Education Group (NYSE:TAL) opened at 29.26 on Monday. The firm has a market cap of $14.46 billion, a PE ratio of 120.41 and a beta of 0.26. The company has a 50-day moving average price of $26.27 and a 200-day moving average price of $20.22. TAL Education Group has a one year low of $9.87 and a one year high of $32.33.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, July 27th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. TAL Education Group had a net margin of 11.14% and a return on equity of 19.47%. The firm had revenue of $321.90 million for the quarter, compared to analyst estimates of $306.46 million. TAL Education Group’s revenue was up 65.0% compared to the same quarter last year. Equities analysts predict that TAL Education Group will post $0.33 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. bought a new position in shares of TAL Education Group during the second quarter worth approximately $153,000. Tower Research Capital LLC TRC bought a new position in shares of TAL Education Group during the second quarter worth approximately $154,000. QS Investors LLC bought a new position in shares of TAL Education Group during the second quarter worth approximately $208,000. Brighton Jones LLC bought a new position in shares of TAL Education Group during the second quarter worth approximately $226,000. Finally, Greenleaf Trust bought a new position in shares of TAL Education Group during the second quarter worth approximately $229,000. Institutional investors and hedge funds own 8.63% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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