Core Viewpoint - TAL Education (TAL) shares have increased by 8.2% over the past four weeks, closing at $12.25, with a mean price target of $15.59 indicating a potential upside of 27.3% [1] Price Targets and Analyst Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $2.15, where the lowest estimate is $11.54 (5.8% decline) and the highest is $18.00 (46.9% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement [2][9] Earnings Estimates and Analyst Sentiment - Analysts are optimistic about TAL's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 74%, with three estimates moving higher and no negative revisions [12] Zacks Rank and Investment Potential - TAL holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [13] Conclusion on Price Targets - While the consensus price target may not be a reliable measure of TAL's potential gains, the implied direction of price movement appears to be a useful guide [14]
Wall Street Analysts Believe TAL Education (TAL) Could Rally 27.27%: Here's is How to Trade