The stock of TAL Education Group (ADR) (NYSE:XRS) is a huge mover today! About 480,023 shares traded hands. TAL Education Group (ADR) (NYSE:XRS) has risen 28.12% since April 14, 2016 and is uptrending. It has outperformed by 23.43% the S&P500.
The move comes after 6 months positive chart setup for the $5.91 billion company. It was reported on Nov, 16 by Barchart.com. We have $90.33 PT which if reached, will make NYSE:XRS worth $1.36 billion more.
TAL Education Group (ADR) (NYSE:XRS) Ratings Coverage
Out of 10 analysts covering TAL Education (NYSE:XRS), 8 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 80% are positive. TAL Education has been the topic of 17 analyst reports since September 22, 2015 according to StockzIntelligence Inc. Credit Suisse upgraded TAL Education Group (ADR) (NYSE:XRS) on Friday, October 28 to “Outperform” rating. The stock of TAL Education Group (ADR) (NYSE:XRS) earned “Buy” rating by TH Capital on Friday, October 21. The stock has “Overweight” rating given by JP Morgan on Tuesday, April 19. The rating was downgraded by Credit Agricole to “Outperform” on Friday, April 29. As per Tuesday, September 22, the company rating was maintained by TH Capital. The company was downgraded on Wednesday, March 23 by Credit Suisse. The company was maintained on Friday, October 23 by Jefferies. On Thursday, April 14 the stock rating was initiated by Morgan Stanley with “Overweight”. Jefferies reinitiated it with “Hold” rating and $64.50 target price in Friday, July 8 report. The company was downgraded on Friday, May 6 by Brean Capital.
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.”
More notable recent TAL Education Group (ADR) (NYSE:XRS) news were published by: Marketwatch.com which released: “TAL Education Group ADR” on November 07, 2010, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 11, 2011, Investorplace.com published: “XRS: TAL Education Group Is the Next Wave of Chinese Schooling” on April 22, 2015. More interesting news about TAL Education Group (ADR) (NYSE:XRS) were released by: Benzinga.com and their article: “Stocks Hitting 52-Week Highs” published on October 27, 2016 as well as Barrons.com‘s news article titled: “TAL Education Is Top of the Class” with publication date: November 13, 2015.
XRS Company Profile
TAL Education Group, incorporated on January 10, 2008, is a holding firm 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 Firm is a K-12 after-school tutoring services well-known provider in China. The Firm offers tutoring services to K-12 students covering academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English and Chinese. As of February 29, 2016, its educational network consisted of 363 learning centers and 292 service centers in 25 cities throughout China, with approximately half of these learning centers and service centers located in Beijing and Shanghai, as well as its online courses and online education platform.
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