TAL Education Group (NYSE:TAL) shares dropped 0% during trading on Thursday . The company traded as low as $28.62 and last traded at $28.67. Approximately 6,530,000 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 6,220,000 shares. The stock had previously closed at $28.67.
TAL has been the subject of a number of research analyst reports. Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 target price for the company in a research note on Thursday, October 26th. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th. Deutsche Bank initiated coverage on TAL Education Group in a research note on Thursday, January 4th. They issued a “buy” rating and a $35.00 target price for the company. Finally, ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $31.55.
The firm has a market capitalization of $16,160.00, a P/E ratio of 105.03 and a beta of 0.40. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.25.
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.
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