TAL Education Group (NYSE:TAL) Sees Unusually-High Trading Volume

TAL Education Group (NYSE:TALGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 4,265,579 shares were traded during mid-day trading, a decline of 43% from the previous session’s volume of 7,528,997 shares.The stock last traded at $13.24 and had previously closed at $12.04.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $10.00 to $15.00 in a research note on Thursday, January 25th. StockNews.com lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Wednesday. UBS Group raised shares of TAL Education Group from a “neutral” rating to a “buy” rating and set a $11.60 target price for the company in a research note on Monday, October 16th. Morgan Stanley assumed coverage on shares of TAL Education Group in a research note on Tuesday, November 7th. They set an “overweight” rating and a $10.50 target price for the company. Finally, The Goldman Sachs Group assumed coverage on shares of TAL Education Group in a research note on Friday, November 24th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat.com, TAL Education Group presently has an average rating of “Moderate Buy” and an average target price of $12.37.

View Our Latest Analysis on TAL

TAL Education Group Price Performance

The stock’s fifty day moving average price is $11.86 and its 200-day moving average price is $9.60. The firm has a market cap of $8.66 billion, a price-to-earnings ratio of -123.55 and a beta of 0.10.

Institutional Investors Weigh In On TAL Education Group

A number of large investors have recently made changes to their positions in TAL. Yousif Capital Management LLC acquired a new stake in shares of TAL Education Group during the first quarter valued at approximately $39,000. Vanguard Personalized Indexing Management LLC acquired a new position in TAL Education Group in the 2nd quarter valued at approximately $55,000. Engineers Gate Manager LP acquired a new position in TAL Education Group in the 3rd quarter valued at approximately $66,000. Advisor Partners II LLC acquired a new position in TAL Education Group in the 4th quarter valued at approximately $71,000. Finally, DRW Securities LLC acquired a new position in TAL Education Group in the 2nd quarter valued at approximately $76,000. Institutional investors and hedge funds own 37.29% of the company’s stock.

TAL Education Group Company Profile

(Get Free Report)

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company 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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