TAL Education Group (NYSE:TAL) Receives Average Recommendation of “Hold” from Brokerages

TAL Education Group (NYSE:TALGet Free Report) has received an average rating of “Hold” from the five research firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $12.8133.

A number of equities analysts have recently issued reports on the company. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Finally, Zacks Research lowered TAL Education Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday.

Read Our Latest Research Report on TAL Education Group

TAL Education Group Stock Performance

Shares of NYSE:TAL opened at $11.21 on Friday. The firm has a market capitalization of $6.82 billion, a PE ratio of 23.35 and a beta of 0.15. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $13.56. The firm has a fifty day moving average of $11.22 and a 200 day moving average of $11.28.

Institutional Inflows and Outflows

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

About TAL Education Group

(Get Free Report)

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.

Further Reading

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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