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

TAL Education Group (NYSE:TAL) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

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

TAL Education Group Stock Performance

Shares of NYSE:TAL opened at $11.16 on Wednesday. The company has a fifty day moving average of $11.17 and a 200-day moving average of $11.33. The company has a market capitalization of $6.80 billion, a PE 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 Buying and Selling 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 shares were sold at an average price of $10.86, for a total value of $868,800.00. Following the sale, the insider owned 45,144 shares of the company’s stock, valued at $490,263.84. The trade was a 63.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.81% of the stock is currently owned by corporate insiders.

Institutional Trading of TAL Education Group

Institutional investors have recently modified their holdings of the business. Raiffeisen Bank International AG grew its stake in shares of TAL Education Group by 821.9% in the third quarter. Raiffeisen Bank International AG now owns 97,724 shares of the company’s stock worth $1,101,000 after purchasing an additional 87,124 shares during the last quarter. GSA Capital Partners LLP grew its stake in shares of TAL Education Group by 178.0% in the third quarter. GSA Capital Partners LLP now owns 79,040 shares of the company’s stock worth $885,000 after purchasing an additional 50,606 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of TAL Education Group by 46.1% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 23,763 shares of the company’s stock worth $266,000 after purchasing an additional 7,500 shares during the last quarter. Aberdeen Group plc grew its stake in shares of TAL Education Group by 13.1% in the third quarter. Aberdeen Group plc now owns 351,142 shares of the company’s stock worth $3,957,000 after purchasing an additional 40,623 shares during the last quarter. Finally, OPTIMAS CAPITAL Ltd bought a new stake in shares of TAL Education Group in the third quarter worth $1,040,000. 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.