TAL International Group (TAL) : The consensus on TAL International Group (TAL) based on 5 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
TAL International Group (TAL) : Average target price received by TAL International Group (TAL) is $19.6 with an expected standard deviation of $2.88. The most aggressive target on the stock is $24, whereas the most downbeat target is $17. 5 financial analysts are currently covering the stock.
TAL International Group (NYSE:TAL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.28 and $12.90 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.60, notching a gain of 1.72% for the day. The total traded volume was 197,179 . The stock had closed at $13.37 on the previous day.
The company shares have dropped -54.71% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $31.20 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.04 and the 200 Day Moving Average price is recorded at $13.55.
TAL International Group, Inc. is a lessor of intermodal containers and chassis. The Company leases intermodal transportation equipment, primarily maritime containers and provides maritime container management services through a network of offices, third-party depots and other facilities. The Company operates in two segments: Equipment leasing and Equipment trading. The Companys equipment leasing operations include the acquisition, leasing, re-leasing and sale of types of intermodal transportation equipment, primarily intermodal containers. The Company leases five types of equipment, which include dry freight containers, refrigerated containers, special containers, tank containers and chassis. Through its operating network, the Company purchases containers from shipping line customers and other sellers of containers, and resell these containers to retailers and users. The Company owned fleet included approximately 2,752,948 cost equivalent units (CEU).