The TAL Education Group (TAL) Rating Reiterated by Jefferies Group LLC

The TAL Education Group (TAL) Rating Reiterated by Jefferies Group LLC

A number of other equities analysts also recently commented on TAL. J P Morgan Chase & Co lifted their price target on TAL Education Group to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, July 27th. Citigroup Inc. began coverage on TAL Education Group in a research note on Tuesday, July 18th. They issued a “neutral” rating and a $150.00 price target for the company. Macquarie began coverage on TAL Education Group in a research note on Thursday, June 29th. They issued an “outperform” rating and a $165.00 price target for the company. Benchmark Co. began coverage on TAL Education Group in a research note on Tuesday, April 18th. They issued a “buy” rating and a $135.00 price target for the company. Finally, Zacks Investment Research downgraded TAL Education Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. TAL Education Group currently has an average rating of “Buy” and a consensus target price of $141.88.

TAL Education Group (NYSE:TAL)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Group LLC in a research note issued on Monday, The Fly reports. They presently have a $176.00 price objective on the stock. Jefferies Group LLC’s price objective would indicate a potential upside of 13.44% from the company’s previous close.

Shares of TAL Education Group (NYSE:TAL) opened at 155.15 on Monday. The company has a 50 day moving average price of $132.39 and a 200-day moving average price of $110.17. The firm has a market capitalization of $12.78 billion, a PE ratio of 106.34 and a beta of 0.26. TAL Education Group has a 12 month low of $57.63 and a 12 month high of $159.73.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, July 27th. The company reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.16. The business had revenue of $321.90 million during the quarter, compared to the consensus estimate of $306.46 million. TAL Education Group had a return on equity of 19.93% and a net margin of 11.14%. TAL Education Group’s revenue for the quarter was up 65.0% compared to the same quarter last year. Equities research analysts expect that TAL Education Group will post $2.06 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Greenleaf Trust bought a new position in shares of TAL Education Group during the second quarter worth approximately $229,000. Creative Planning bought a new position in shares of TAL Education Group during the second quarter worth approximately $257,000. Main Street Research LLC bought a new position in shares of TAL Education Group during the second quarter worth approximately $291,000. World Asset Management Inc bought a new position in shares of TAL Education Group during the second quarter worth approximately $329,000. Finally, Atria Investments LLC bought a new position in shares of TAL Education Group during the second quarter worth approximately $331,000. Institutional investors own 57.61% of the company’s stock.

TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

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