Brokerages Set TAL Education Group (TAL) PT at $118.00

TAL Education Group (NYSE:TAL) has received an average rating of “Buy” from the eleven research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $118.00.

Several research analysts have recently commented on the company. Goldman Sachs Group, Inc. (The) lowered TAL Education Group from a “buy” rating to a “neutral” rating and set a $133.00 price target on the stock. in a report on Tuesday, May 16th. Zacks Investment Research lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Benchmark Co. lifted their price target on TAL Education Group to $137.00 and gave the stock a “buy” rating in a report on Thursday, April 27th. Jefferies Group LLC reiterated a “buy” rating on shares of TAL Education Group in a report on Tuesday, April 18th. Finally, J P Morgan Chase & Co reiterated a “buy” rating and set a $123.00 price target on shares of TAL Education Group in a report on Tuesday, March 28th.

WARNING: “Brokerages Set TAL Education Group (TAL) PT at $118.00” was first reported by sleekmoney and is the property of of sleekmoney. If you are accessing this news story on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this news story can be read at https://sleekmoney.com/brokerages-set-tal-education-group-tal-pt-at-118-00/1916726.html.

TAL Education Group (NYSE:TAL) traded up 1.46% on Tuesday, reaching $118.17. 557,700 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $122.08 and a 200 day moving average price of $95.98. The firm has a market cap of $9.66 billion, a PE ratio of 90.90 and a beta of 0.13. TAL Education Group has a one year low of $53.47 and a one year high of $134.00.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, April 27th. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.27 by $0.09. TAL Education Group had a return on equity of 18.24% and a net margin of 11.00%. The business had revenue of $316.30 million for the quarter, compared to analyst estimates of $288.53 million. The company’s quarterly revenue was up 80.7% on a year-over-year basis. On average, equities analysts anticipate that TAL Education Group will post $2.09 earnings per share for the current year.

The firm also recently disclosed a special dividend, which was paid on Thursday, May 25th. Investors of record on Thursday, May 11th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, May 9th.

TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/brokerages-set-tal-education-group-tal-pt-at-118-00/1916726.html

Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *