TAL Education Group (TAL) Shares Gap Up to $30.46
TAL Education Group (NYSE:TAL)’s share price gapped up prior to trading on Monday . The stock had previously closed at $31.35, but opened at $30.46. TAL Education Group shares last traded at $31.08, with a volume of 1193245 shares changing hands.
Several equities analysts have commented on the company. Zacks Investment Research cut TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Deutsche Bank assumed coverage on TAL Education Group in a report on Thursday, January 4th. They issued a “buy” rating and a $35.00 price target for the company. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Finally, Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $31.55.
The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $16,210.00, a price-to-earnings ratio of 111.93 and a beta of 0.40.
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About TAL Education Group
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.
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