TAL Education Group (NYSE:XRS) Has Just Had Its Target Increased by Researchers at Nomura to $55.00


Stock Analysis:TAL Education Group (NYSE:XRS) Target Upped

In a comprehensive report sent to clients and investors by Nomura on Friday morning, TAL Education Group (NYSE:XRS) had its target increased to $55.00. The firm currently has a solid Buy rating on shares.

From a total of 9 analysts covering TAL Education (NYSE:XRS) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $58 while the lowest target price is $36. The mean of all analyst targets is $45.89 with a -1.74% below today’s ($45.29) stock price. TAL Education was the topic of 4 analyst reports since September 22, 2015 according to the firm StockzIntelligence Inc. Jefferies maintained shares on October 23 with “Buy” rating.

The stock decreased 0.46% or $0.21 on December 4, striking $45.29. Approximately shares of stock traded hands. TAL Education Group (ADR) (NYSE:XRS) has risen 22.41% since May 4, 2015 and is uptrending. It has outperformed by 23.48% the S&P500.

TAL Education Group (NYSE:XRS) Has Just Had Its Target Increased by Researchers at Nomura to $55.00

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 company has a market cap of $3.62 billion. The Firm is a K-12 after-school tutoring services well-known provider in the PRC. It has 37.49 P/E ratio. The Firm offer tutoring services to K-12 students covering core academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese, among others, as well as, through its Mobby tutoring services, young learners tutoring services for students aged two through eight.

According to Zacks Investment Research, “TAL Education Group provides K-12 after-school tutoring service in China. It offers tutoring services to K-12 students covering academic subjects, including mathematics, English, Chinese, physics, chemistry and biology. The Company delivers its tutoring services through small classes, personalized premium services i.e. one-on-one tutoring and online course offerings. Its extensive network consists of learning centers and service centers in Beijing, Shanghai, Shenzhen, Guangzhou, Tianjin and Wuhan, as well as the Company’s online platform. TAL Education Group is headquartered in Beijing, the People’s Republic of China.” Get a free copy of the Zacks research report on TAL Education Group (ADR) (XRS).