TAL Education Group (TAL) Got Some Good News

Morgan Stanley analyst Sheng Zhong upgraded TAL Education Group (TALResearch Report) to Buy today. The company’s shares closed on Friday at $34.82.

Zhong has an average return of 6.0% when recommending TAL Education Group.

According to TipRanks.com, Zhong is ranked #3755 out of 5246 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for TAL Education Group with a $31 average price target.

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TAL Education Group’s market cap is currently $12.38B and has a P/E ratio of 58.57. The company has a Price to Book ratio of 11.03.

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TAL Education Group operates as a holding company, which through its subsidiaries, engages in the provision of after-school tutoring programs for primary and secondary school students. Its services are delivered through small classes; personalized premium services, such as one-on-one tutoring; and online course offerings for primary and middle school students. The company was founded by Bang Xin Zhang and Yun Dong Cao on August 2003 and is headquartered in Beijing, China.

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