A statement released earlier today by Zacks Investment Research about TAL Education Group (ADR) (NYSE:XRS) raises the target price to $85.00
- Updated: November 30, 2016
Yesterday TAL Education Group (ADR) (NYSE:XRS) traded -0.75% lower at $75.63. The company’s 50-day moving average is $75.39 and its 200-day moving average is $64.67. The last stock close price is up 17.05% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 113,973 shares of XRS traded hands, down from an average trading volume of 535,662
TAL Education Group (ADR) (NYSE:XRS) had its target price raised to $85.00 by Zacks Investment Research in a report released Wednesday November 30, 2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.
Previously on 1/14/2016, Credit Suisse reported about TAL Education Group (ADR) (NYSE:XRS) raised the target price from $0.00 to $55.00. At the time, this indicated a possible upside of 0.30%.
Recent Performance Chart
TAL Education Group (ADR) has 52 week low of $41.34 and a 52 week high of $83.68 with a PE ratio of 71.89 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokerages have issued a research note on the company. The average stock price target is $58.05 with 4 brokerages rating the stock a strong buy, 5 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About TAL Education Group (ADR) (NYSE:XRS)
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. It operates a Website, www.jzb.com, which is an online education platform in China. It offers personalized premium services under its Zhikang brand. It offers online courses through www.xueersi.com. Through www.xueersi.com, the Company offers online courses on mathematics, English, Chinese, physics, chemistry, biology and other subjects. It also offers select online courses through other Websites. The Company has over 10 call centers in Beijing, Shanghai, Tianjin, Guangzhou and Shenzhen.
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