Analysts Set TAL Education Group (NYSE:TAL) Target Price at $12.81

TAL Education Group (NYSE:TAL) has earned an average rating of “Moderate Buy” from the five brokerages that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $12.8133.

A number of analysts recently issued reports on the stock. Wall Street Zen lowered shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. Finally, Zacks Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TAL. Legal & General Group Plc raised its stake in shares of TAL Education Group by 2.3% during the second quarter. Legal & General Group Plc now owns 2,597,723 shares of the company’s stock valued at $26,549,000 after purchasing an additional 59,008 shares in the last quarter. XTX Topco Ltd lifted its holdings in TAL Education Group by 120.5% in the second quarter. XTX Topco Ltd now owns 187,743 shares of the company’s stock worth $1,919,000 after purchasing an additional 102,603 shares during the period. Aspex Management HK Ltd grew its position in TAL Education Group by 52.0% in the 2nd quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock valued at $220,614,000 after buying an additional 7,388,698 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in TAL Education Group during the 2nd quarter valued at about $1,887,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in TAL Education Group during the 2nd quarter valued at about $2,855,000. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Trading Up 2.4%

NYSE TAL opened at $10.68 on Monday. The stock has a market cap of $6.50 billion, a P/E ratio of 22.25 and a beta of 0.10. The company’s fifty day simple moving average is $11.26 and its 200-day simple moving average is $11.22. TAL Education Group has a 52 week low of $8.50 and a 52 week high of $14.66.

TAL Education Group Company Profile

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.