TAL Education Group (NYSE:TAL) Downgraded to “Hold” Rating by Zacks Research

Zacks Research cut shares of TAL Education Group (NYSE:TAL) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.

Several other equities analysts have also issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $12.81.

TAL Education Group Stock Performance

Shares of TAL opened at $11.24 on Tuesday. The company has a 50-day simple moving average of $11.22 and a 200-day simple moving average of $11.28. The firm has a market capitalization of $6.85 billion, a P/E ratio of 23.42 and a beta of 0.14. TAL Education Group has a 52 week low of $8.50 and a 52 week high of $13.74.

Institutional Trading of TAL Education Group

Several institutional investors have recently made changes to their positions in the business. Quarry LP bought a new stake in TAL Education Group in the third quarter valued at about $42,000. DV Equities LLC bought a new position in TAL Education Group during the fourth quarter worth about $49,000. Daiwa Securities Group Inc. boosted its holdings in TAL Education Group by 194.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock valued at $63,000 after purchasing an additional 3,800 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock valued at $108,000 after purchasing an additional 8,229 shares in the last quarter. Finally, Ballentine Partners LLC bought a new stake in shares of TAL Education Group in the 4th quarter valued at approximately $112,000. 37.79% of the stock is currently owned by institutional investors and hedge funds.

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.