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

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

Several other analysts have also recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. Macquarie upgraded shares of TAL Education Group from a “neutral” rating to an “outperform” rating and set a $18.00 price objective for the company in a research report on Friday, January 30th. Wall Street Zen upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target on the stock in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $15.18.

TAL Education Group Price Performance

Shares of TAL traded up $0.04 on Tuesday, hitting $11.67. The company’s stock had a trading volume of 5,008,729 shares, compared to its average volume of 4,611,022. The company has a market capitalization of $7.11 billion, a PE ratio of 24.32, a PEG ratio of 0.43 and a beta of 0.08. TAL Education Group has a fifty-two week low of $8.50 and a fifty-two week high of $15.30. The company has a 50 day moving average price of $11.26 and a 200 day moving average price of $11.17.

Institutional Investors Weigh In On TAL Education Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Krane Funds Advisors LLC grew its position in shares of TAL Education Group by 25.5% during the 3rd quarter. Krane Funds Advisors LLC now owns 23,072,787 shares of the company’s stock worth $253,455,000 after buying an additional 4,684,426 shares during the period. Aspex Management HK Ltd grew its holdings in TAL Education Group by 52.0% during the second quarter. Aspex Management HK Ltd now owns 21,586,517 shares of the company’s stock valued at $220,614,000 after purchasing an additional 7,388,698 shares during the period. Vanguard Group Inc. grew its holdings 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 purchasing an additional 277,473 shares during the period. Bank of America Corp DE increased its stake in TAL Education Group by 14.3% in the second quarter. Bank of America Corp DE now owns 14,060,760 shares of the company’s stock valued at $143,701,000 after purchasing an additional 1,759,945 shares in the last quarter. Finally, CoreView Capital Management Ltd raised its holdings in TAL Education Group by 56.9% in the third quarter. CoreView Capital Management Ltd now owns 10,997,165 shares of the company’s stock worth $123,168,000 after purchasing an additional 3,990,000 shares during the period. 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.