TAL Education Group (TAL) Price Target Increased to $65.00 by Analysts at JPMorgan Chase & Co.

TAL Education Group (NYSE:TAL) had its price objective boosted by JPMorgan Chase & Co. from $60.00 to $65.00 in a research note released on Tuesday, May 29th. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other equities analysts have also recently weighed in on TAL. Zacks Investment Research raised shares of TAL Education Group from a sell rating to a hold rating in a research note on Wednesday, January 31st. Benchmark raised their target price on shares of TAL Education Group from $37.00 to $42.00 and gave the company a buy rating in a research note on Friday, April 27th. Finally, ValuEngine raised shares of TAL Education Group from a sell rating to a hold rating in a research note on Wednesday, May 2nd. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. TAL Education Group presently has an average rating of Buy and an average price target of $38.42.

TAL Education Group traded down $0.63, hitting $40.48, during trading on Tuesday, according to Marketbeat. The company’s stock had a trading volume of 15,965,600 shares, compared to its average volume of 5,314,247. The company has a current ratio of 1.47, a quick ratio of 1.46 and a debt-to-equity ratio of 0.14. TAL Education Group has a one year low of $19.17 and a one year high of $47.63. The company has a market capitalization of $22.42 billion, a PE ratio of 119.06 and a beta of 0.36.



TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, April 26th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.03. The firm had revenue of $504.10 million for the quarter, compared to the consensus estimate of $485.96 million. TAL Education Group had a net margin of 11.57% and a return on equity of 18.68%. The company’s revenue was up 59.4% on a year-over-year basis. During the same period last year, the firm earned $0.47 EPS. equities analysts forecast that TAL Education Group will post 0.52 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Verition Fund Management LLC bought a new stake in TAL Education Group during the 1st quarter valued at about $217,000. Dupont Capital Management Corp bought a new stake in shares of TAL Education Group in the 1st quarter valued at about $225,000. Cigna Investments Inc. New bought a new stake in shares of TAL Education Group in the 1st quarter valued at about $228,000. Flow Traders U.S. LLC bought a new stake in shares of TAL Education Group in the 1st quarter valued at about $244,000. Finally, Private Advisor Group LLC bought a new stake in shares of TAL Education Group in the 4th quarter valued at about $247,000. Institutional investors own 60.23% of the company’s stock.

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.

Analyst Recommendations for TAL Education Group (NYSE:TAL)

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