ValuEngine lowered shares of TAL Education Group (NYSE:TAL) from a hold rating to a sell rating in a research note released on Friday.

Other equities analysts have also recently issued reports about the company. Macquarie set a $32.00 target price on TAL Education Group and gave the stock a buy rating in a report on Tuesday, January 15th. TheStreet upgraded TAL Education Group from a c+ rating to a b- rating in a report on Friday, January 25th. Nomura decreased their target price on TAL Education Group from $39.00 to $28.00 and set a neutral rating on the stock in a report on Friday, October 26th. Zacks Investment Research upgraded TAL Education Group from a hold rating to a buy rating and set a $34.00 target price on the stock in a report on Tuesday, January 29th. Finally, Citigroup upgraded TAL Education Group from a neutral rating to a buy rating in a report on Wednesday, January 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $41.20.

Shares of TAL stock traded down $0.16 during mid-day trading on Friday, hitting $32.58. 2,279,890 shares of the stock traded hands, compared to its average volume of 4,328,208. TAL Education Group has a twelve month low of $21.08 and a twelve month high of $47.63. The stock has a market cap of $18.47 billion, a PE ratio of 95.82 and a beta of 0.06.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, January 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.16. TAL Education Group had a return on equity of 18.88% and a net margin of 14.40%. The company had revenue of $585.99 million for the quarter, compared to analysts’ expectations of $573.90 million. During the same period last year, the firm earned $0.09 EPS. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. As a group, sell-side analysts predict that TAL Education Group will post 0.55 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Prudential Financial Inc. grew its holdings in shares of TAL Education Group by 1,660.2% in the 3rd quarter. Prudential Financial Inc. now owns 438,300 shares of the company’s stock worth $11,269,000 after acquiring an additional 413,400 shares during the last quarter. Macquarie Group Ltd. boosted its position in shares of TAL Education Group by 22.1% in the third quarter. Macquarie Group Ltd. now owns 31,500 shares of the company’s stock worth $810,000 after buying an additional 5,700 shares during the period. Strategic Wealth Advisors Group LLC acquired a new stake in shares of TAL Education Group in the third quarter worth $366,000. DNB Asset Management AS boosted its position in shares of TAL Education Group by 56.5% in the fourth quarter. DNB Asset Management AS now owns 623,962 shares of the company’s stock worth $16,647,000 after buying an additional 225,362 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in shares of TAL Education Group in the third quarter worth $227,000. Institutional investors and hedge funds own 55.24% of the company’s stock.

About TAL Education Group

TAL Education Group, through its subsidiaries, provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.

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Analyst Recommendations for TAL Education Group (NYSE:TAL)

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