TAL Education Group (NYSE:TAL) Price Target Lowered to $16.00 at JPMorgan Chase & Co.

TAL Education Group (NYSE:TAL) had its target price dropped by investment analysts at JPMorgan Chase & Co. from $17.00 to $16.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 60.16% from the company’s current price.

TAL has been the subject of a number of other reports. StockNews.com raised TAL Education Group from a “sell” rating to a “hold” rating in a report on Friday, January 24th. UBS Group increased their price target on TAL Education Group from $16.40 to $17.20 and gave the stock a “buy” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $15.65.

TAL Education Group Trading Up 1.9 %

NYSE:TAL traded up $0.19 during mid-day trading on Monday, hitting $9.99. The stock had a trading volume of 2,413,463 shares, compared to its average volume of 7,147,064. TAL Education Group has a 52 week low of $7.35 and a 52 week high of $15.30. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 52.58 and a beta of 0.03. The company has a 50 day simple moving average of $12.69 and a 200-day simple moving average of $11.34.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds and other institutional investors have recently bought and sold shares of TAL. O Shaughnessy Asset Management LLC grew its stake in shares of TAL Education Group by 5.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 16,636 shares of the company’s stock worth $167,000 after purchasing an additional 838 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in TAL Education Group by 8.2% in the fourth quarter. Sequoia Financial Advisors LLC now owns 16,596 shares of the company’s stock worth $166,000 after buying an additional 1,256 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of TAL Education Group by 15.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,829 shares of the company’s stock valued at $119,000 after buying an additional 1,556 shares in the last quarter. Blue Trust Inc. lifted its position in shares of TAL Education Group by 28.1% during the 4th quarter. Blue Trust Inc. now owns 9,843 shares of the company’s stock valued at $99,000 after acquiring an additional 2,158 shares during the last quarter. Finally, RWC Asset Management LLP grew its holdings in shares of TAL Education Group by 3.0% in the 4th quarter. RWC Asset Management LLP now owns 93,784 shares of the company’s stock worth $940,000 after acquiring an additional 2,726 shares during the last quarter. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.