Pearson, PLC (NYSE:PSO) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Thursday. The brokerage presently has a $10.00 price objective on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 9.89% from the stock’s current price.

According to Zacks, “Pearson is a global media conglomerate. They publish books, periodicals, reports and screen-based services for professional communities worldwide, under brand names which include the Financial Times, Pitman Publishing and Churchill Livingstone. “

Several other research analysts also recently commented on the company. BNP Paribas raised Pearson, PLC from an “underperform” rating to an “outperform” rating in a report on Wednesday, September 27th. Deutsche Bank AG downgraded Pearson, PLC from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Finally, BidaskClub downgraded Pearson, PLC from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Pearson, PLC has an average rating of “Hold” and an average target price of $10.00.

Pearson, PLC (NYSE PSO) opened at $9.10 on Thursday. Pearson, PLC has a twelve month low of $7.04 and a twelve month high of $10.31. The company has a quick ratio of 1.49, a current ratio of 1.62 and a debt-to-equity ratio of 0.46.

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Several large investors have recently made changes to their positions in PSO. Bank of New York Mellon Corp lifted its stake in shares of Pearson, PLC by 41.3% in the 1st quarter. Bank of New York Mellon Corp now owns 34,427 shares of the company’s stock valued at $292,000 after purchasing an additional 10,060 shares during the period. Morgan Stanley lifted its stake in shares of Pearson, PLC by 17.3% in the 1st quarter. Morgan Stanley now owns 223,462 shares of the company’s stock valued at $1,894,000 after purchasing an additional 32,939 shares during the period. Paloma Partners Management Co acquired a new position in shares of Pearson, PLC in the 1st quarter valued at about $193,000. Credit Suisse AG lifted its stake in shares of Pearson, PLC by 10.0% in the 1st quarter. Credit Suisse AG now owns 200,000 shares of the company’s stock valued at $1,696,000 after purchasing an additional 18,213 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Pearson, PLC by 8.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 265,042 shares of the company’s stock valued at $2,248,000 after purchasing an additional 19,690 shares during the period. 1.53% of the stock is currently owned by institutional investors.

About Pearson, PLC

Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.

Analyst Recommendations for Pearson, PLC (NYSE:PSO)

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