TAL Education Group (NYSE:TAL) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

TAL Education Group (NYSE:TAL)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.24 and traded as high as $11.92. TAL Education Group shares last traded at $11.5040, with a volume of 3,145,151 shares traded.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TAL. Macquarie Infrastructure upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating and set a $18.00 price target for the company in a report on Friday, January 30th. Macquarie Capit raised TAL Education Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of TAL Education Group in a research report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, TAL Education Group has an average rating of “Buy” and an average target price of $15.18.

TAL Education Group Stock Down 2.0%

The firm has a market capitalization of $6.85 billion, a PE ratio of 23.45 and a beta of 0.08. The firm has a 50-day moving average price of $11.37 and a 200 day moving average price of $11.25.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC acquired a new stake in TAL Education Group during the 1st quarter worth approximately $258,000. Aberdeen Group plc increased its position in shares of TAL Education Group by 16.2% during the second quarter. Aberdeen Group plc now owns 310,519 shares of the company’s stock worth $3,174,000 after acquiring an additional 43,214 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of TAL Education Group by 13.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,392 shares of the company’s stock valued at $219,000 after acquiring an additional 2,545 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in TAL Education Group in the second quarter valued at $224,000. Finally, Y Intercept Hong Kong Ltd grew its stake in TAL Education Group by 17.3% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 17,646 shares of the company’s stock worth $180,000 after purchasing an additional 2,607 shares in the last quarter. Institutional investors and hedge funds 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.