TAL Education Group (NYSE:TAL) Lifted to “Hold” at StockNews.com

StockNews.com upgraded shares of TAL Education Group (NYSE:TAL) from a sell rating to a hold rating in a report published on Friday morning.

TAL has been the topic of a number of other reports. TheStreet raised TAL Education Group from a d+ rating to a c- rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. raised TAL Education Group from a neutral rating to an overweight rating and boosted their price objective for the company from $10.00 to $15.00 in a research note on Thursday, January 25th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $12.37.

TAL Education Group Trading Down 5.6 %

NYSE TAL opened at $12.66 on Friday. The firm has a market capitalization of $8.07 billion, a PE ratio of -1,264.74 and a beta of 0.15. The business’s 50-day moving average price is $12.38 and its two-hundred day moving average price is $11.63. TAL Education Group has a 12 month low of $5.09 and a 12 month high of $15.52.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TAL. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in TAL Education Group by 52.1% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 141,336 shares of the company’s stock worth $1,288,000 after buying an additional 48,400 shares during the period. RWC Asset Management LLP acquired a new position in TAL Education Group during the 3rd quarter worth approximately $1,221,000. Advisor Partners II LLC raised its stake in TAL Education Group by 42.4% during the 3rd quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock worth $132,000 after buying an additional 4,322 shares during the period. Henry James International Management Inc. raised its stake in TAL Education Group by 26.7% during the 3rd quarter. Henry James International Management Inc. now owns 51,971 shares of the company’s stock worth $473,000 after buying an additional 10,966 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in TAL Education Group by 16.7% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 923,440 shares of the company’s stock worth $8,413,000 after buying an additional 132,293 shares during the period. 37.79% of the stock is owned by institutional investors and hedge funds.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.