TAL Education Group (NYSE:TAL) Stock Rating Lowered by Zacks Research

TAL Education Group (NYSE:TAL) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Wall Street Zen raised shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.81.

TAL Education Group Stock Performance

Shares of TAL stock opened at $11.24 on Tuesday. The stock’s 50 day simple moving average is $11.22 and its 200 day simple moving average is $11.28. TAL Education Group has a twelve month low of $8.50 and a twelve month high of $13.74. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 23.42 and a beta of 0.14.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds have recently modified their holdings of the business. Hsbc Holdings PLC grew its stake in shares of TAL Education Group by 39.4% in the fourth quarter. Hsbc Holdings PLC now owns 2,435,836 shares of the company’s stock worth $26,575,000 after acquiring an additional 688,185 shares during the last quarter. Invesco Ltd. raised its stake in TAL Education Group by 9.9% during the 4th quarter. Invesco Ltd. now owns 435,546 shares of the company’s stock valued at $4,752,000 after purchasing an additional 39,186 shares during the last quarter. NewEdge Advisors LLC bought a new stake in TAL Education Group in the 4th quarter valued at $583,000. XTX Topco Ltd boosted its holdings in TAL Education Group by 27.7% in the 4th quarter. XTX Topco Ltd now owns 103,749 shares of the company’s stock valued at $1,132,000 after purchasing an additional 22,501 shares during the period. Finally, Wellington Management Group LLP grew its position in TAL Education Group by 153.0% in the 4th quarter. Wellington Management Group LLP now owns 434,341 shares of the company’s stock worth $4,739,000 after purchasing an additional 262,633 shares during the last quarter. 37.79% of the stock is owned by institutional investors.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.