HSBC Securities lifts TAL Education Group ADR [TAL] price estimate. Who else is bullish?

TAL Education Group ADR [NYSE: TAL] price surged by 5.06 percent to reach at $0.52.

The one-year TAL stock forecast points to a potential upside of 19.88. The average equity rating for TAL stock is currently 1.20, trading closer to a bullish pattern in the stock market.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Guru’s Opinion on TAL Education Group ADR [TAL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TAL shares is $13.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TAL stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for TAL Education Group ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 29, 2024. The new note on the price target was released on January 26, 2024, representing the official price target for TAL Education Group ADR stock. Previously, the target price had yet another raise from $10 to $15, while JP Morgan kept a Overweight rating on TAL stock.

The Average True Range (ATR) for TAL Education Group ADR is set at 0.59, with the Price to Sales ratio for TAL stock in the period of the last 12 months amounting to 3.03. The Price to Book ratio for the last quarter was 1.77, with the Price to Cash per share for the same quarter was set at 8.09.

TAL Stock Performance Analysis:

TAL Education Group ADR [TAL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.00. With this latest performance, TAL shares gained by 34.50% in over the last four-week period, additionally sinking by -4.85% over the last 6 months – not to mention a rise of 21.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TAL stock in for the last two-week period is set at 75.25, with the RSI for the last a single of trading hit 82.75, and the three-weeks RSI is set at 68.21 for TAL Education Group ADR [TAL]. The present Moving Average for the last 50 days of trading for this stock 8.82, while it was recorded at 9.22 for the last single week of trading, and 11.21 for the last 200 days.

Insight into TAL Education Group ADR Fundamentals:

TAL Education Group ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.88 and a Current Ratio set at 2.94.

TAL Education Group ADR [TAL] Institutonal Ownership Details

The top three institutional holders of TAL stocks are: MORGAN STANLEY with ownership of 22.19 million shares, which is approximately 3.6773%. KRANE FUNDS ADVISORS LLC, holding 19.33 million shares of the stock with an approximate value of $$206.29 million in TAL stocks shares; and KRANE FUNDS ADVISORS LLC, currently with $$204.81 million in TAL stock with ownership which is approximately 3.1809%.

Most Popular