TAL Education Group (NYSE:TAL) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of TAL Education Group (NYSE:TAL) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Wall Street Zen upgraded TAL Education Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TAL Education Group currently has a consensus rating of “Moderate Buy” and an average price target of $13.77.

TAL Education Group Stock Performance

Shares of NYSE:TAL opened at $11.16 on Wednesday. The company has a 50-day simple moving average of $11.17 and a 200 day simple moving average of $11.33. The company has a market capitalization of $6.80 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 0.93 and a beta of 0.15. TAL Education Group has a 52-week low of $8.63 and a 52-week high of $13.37.

Insider Transactions at TAL Education Group

In related news, insider Alex Zhuangzhuang Peng sold 80,000 shares of the business’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $10.86, for a total value of $868,800.00. Following the completion of the sale, the insider directly owned 45,144 shares in the company, valued at $490,263.84. The trade was a 63.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.81% of the stock is owned by company insiders.

Institutional Trading of TAL Education Group

A number of institutional investors have recently bought and sold shares of the business. Quarry LP acquired a new position in shares of TAL Education Group during the 3rd quarter worth approximately $42,000. DV Equities LLC acquired a new stake in shares of TAL Education Group in the fourth quarter valued at approximately $49,000. Daiwa Securities Group Inc. boosted its stake in shares of TAL Education Group by 194.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 5,750 shares of the company’s stock valued at $63,000 after buying an additional 3,800 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of TAL Education Group in the first quarter valued at approximately $109,000. Finally, Hantz Financial Services Inc. grew its position 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 worth $108,000 after buying an additional 8,229 shares in the last quarter. 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.