PSO has been the topic of a number of other research reports. Barclays increased their price objective on Pearson from GBX 770 ($9.44) to GBX 775 ($9.50) in a report on Wednesday, July 13th. Deutsche Bank Aktiengesellschaft raised Pearson from a hold rating to a buy rating in a report on Tuesday, June 21st. Morgan Stanley increased their price objective on Pearson from GBX 760 ($9.31) to GBX 800 ($9.80) in a report on Wednesday, July 20th. The Goldman Sachs Group assumed coverage on Pearson in a report on Sunday, April 10th. They set a buy rating on the stock. Finally, StockNews.com lowered Pearson from a buy rating to a hold rating in a research note on Tuesday, May 17th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Pearson has a consensus rating of Hold and a consensus target price of $832.50.
Pearson Stock Performance
Shares of NYSE PSO opened at $10.73 on Tuesday. The business’s fifty day moving average price is $9.47 and its 200-day moving average price is $9.46. The company has a quick ratio of 1.98, a current ratio of 1.95 and a debt-to-equity ratio of 0.26. Pearson has a one year low of $7.68 and a one year high of $11.21.
Pearson Increases Dividend
Hedge Funds Weigh In On Pearson
Several institutional investors have recently modified their holdings of the company. M&T Bank Corp increased its position in shares of Pearson by 51.6% during the 2nd quarter. M&T Bank Corp now owns 28,133 shares of the company’s stock valued at $258,000 after purchasing an additional 9,578 shares during the last quarter. Zions Bancorporation N.A. grew its position in Pearson by 13.3% during the 2nd quarter. Zions Bancorporation N.A. now owns 14,416 shares of the company’s stock worth $133,000 after acquiring an additional 1,687 shares during the last quarter. OLD Mission Capital LLC bought a new position in Pearson during the 2nd quarter worth approximately $212,000. Janney Montgomery Scott LLC grew its position in Pearson by 21.7% during the 2nd quarter. Janney Montgomery Scott LLC now owns 27,838 shares of the company’s stock worth $257,000 after acquiring an additional 4,969 shares during the last quarter. Finally, Lake Street Advisors Group LLC bought a new position in Pearson during the 2nd quarter worth approximately $118,000. 10.35% of the stock is currently owned by institutional investors.
Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.
- Get a free copy of the StockNews.com research report on Pearson (PSO)
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