TAL Education Group (NYSE:TAL) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of TAL Education Group (NYSE:TAL) from a hold rating to a buy rating in a research note published on Sunday.

Several other equities research analysts have also weighed in on the company. Zacks Research raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TAL Education Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.81.

TAL Education Group Price Performance

NYSE:TAL opened at $10.68 on Friday. The company has a market capitalization of $6.50 billion, a P/E ratio of 22.25 and a beta of 0.11. The business has a fifty day simple moving average of $11.26 and a two-hundred day simple moving average of $11.22. TAL Education Group has a 1 year low of $8.50 and a 1 year high of $14.66.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in TAL. Krane Funds Advisors LLC increased its position in shares of TAL Education Group by 25.5% during the third quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock valued at $253,455,000 after buying an additional 4,684,426 shares during the period. Aspex Management HK Ltd boosted its position in shares of TAL Education Group by 52.0% in the second quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock valued at $220,614,000 after acquiring an additional 7,388,698 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in TAL Education Group during the fourth quarter valued at approximately $213,329,000. Vanguard Group Inc. grew its stake in TAL Education Group by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 17,671,668 shares of the company’s stock valued at $192,798,000 after acquiring an additional 277,473 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in TAL Education Group by 14.3% during the 2nd quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock worth $143,701,000 after acquiring an additional 1,759,945 shares during the period. Hedge funds and other institutional investors own 37.79% of the company’s stock.

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.