TAL Education Group (NYSE:TAL) had its price target trimmed by Nomura from $39.00 to $28.00 in a research note issued to investors on Friday. The firm currently has a neutral rating on the stock.

A number of other brokerages also recently commented on TAL. Zacks Investment Research downgraded TAL Education Group from a hold rating to a sell rating in a report on Thursday, July 12th. Morgan Stanley downgraded TAL Education Group from an overweight rating to an equal weight rating in a report on Friday, June 29th. JPMorgan Chase & Co. upped their price target on TAL Education Group from $65.00 to $70.00 and gave the stock an overweight rating in a research note on Friday, July 27th. ValuEngine cut TAL Education Group from a hold rating to a sell rating in a research note on Saturday, August 18th. Finally, Citigroup cut TAL Education Group from a buy rating to a neutral rating in a research note on Thursday, September 13th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. TAL Education Group currently has an average rating of Hold and a consensus target price of $41.00.

Shares of TAL Education Group stock opened at $27.90 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.13. The company has a market cap of $13.64 billion, a P/E ratio of 82.06 and a beta of 0.04. TAL Education Group has a 52 week low of $21.08 and a 52 week high of $47.63.

TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, October 25th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The company had revenue of $699.78 million during the quarter. TAL Education Group had a return on equity of 17.17% and a net margin of 11.61%. On average, equities analysts predict that TAL Education Group will post 0.52 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB grew its stake in TAL Education Group by 2.6% in the second quarter. Xact Kapitalforvaltning AB now owns 58,300 shares of the company’s stock worth $2,145,000 after purchasing an additional 1,500 shares during the period. KBC Group NV grew its stake in TAL Education Group by 7.2% in the second quarter. KBC Group NV now owns 31,444 shares of the company’s stock worth $1,157,000 after purchasing an additional 2,113 shares during the period. Tower Research Capital LLC TRC grew its stake in TAL Education Group by 107.0% in the second quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after purchasing an additional 2,368 shares during the period. Standard Life Aberdeen plc grew its stake in TAL Education Group by 3.1% in the second quarter. Standard Life Aberdeen plc now owns 85,599 shares of the company’s stock worth $3,150,000 after purchasing an additional 2,600 shares during the period. Finally, Atria Investments LLC grew its stake in TAL Education Group by 19.2% in the second quarter. Atria Investments LLC now owns 16,984 shares of the company’s stock worth $625,000 after purchasing an additional 2,741 shares during the period. 60.91% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

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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