Pearson, PLC (NYSE:PSO) Lifted to “Buy” at BidaskClub

BidaskClub upgraded shares of Pearson, PLC (NYSE:PSO) from a hold rating to a buy rating in a report published on Tuesday, August 1st.

Other research analysts have also issued research reports about the company. Zacks Investment Research upgraded Pearson, PLC from a hold rating to a buy rating and set a $10.00 target price on the stock in a report on Wednesday, May 10th. Kepler Capital Markets lowered Pearson, PLC from a buy rating to a hold rating in a report on Thursday, May 11th. Macquarie upgraded Pearson, PLC from a neutral rating to an outperform rating in a report on Friday, July 14th. Finally, Exane BNP Paribas lowered Pearson, PLC from a neutral rating to an underperform rating in a report on Thursday, April 6th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. Pearson, PLC currently has a consensus rating of Hold and an average price target of $10.00.

Pearson, PLC (NYSE:PSO) traded down 0.50% on Tuesday, hitting $7.95. The company’s stock had a trading volume of 627,433 shares. The firm has a 50 day moving average of $8.50 and a 200-day moving average of $8.42. Pearson, PLC has a 12 month low of $7.04 and a 12 month high of $11.69. The stock’s market cap is $6.48 billion.

TRADEMARK VIOLATION NOTICE: This piece was posted by BNB Daily and is owned by of BNB Daily. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of international trademark and copyright law. The correct version of this piece can be accessed at https://www.baseball-news-blog.com/2017/08/13/pearson-plc-nysepso-upgraded-by-bidaskclub-to-buy-updated.html.

The company also recently announced a semiannual dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Friday, August 18th will be given a $0.065 dividend. This represents a yield of 1.6%. The ex-dividend date is Wednesday, August 16th.

Hedge funds have recently added to or reduced their stakes in the company. Comerica Bank increased its stake in Pearson, PLC by 12.7% in the fourth quarter. Comerica Bank now owns 46,539 shares of the company’s stock worth $462,000 after buying an additional 5,244 shares in the last quarter. Guggenheim Capital LLC increased its stake in Pearson, PLC by 5.3% in the fourth quarter. Guggenheim Capital LLC now owns 18,493 shares of the company’s stock worth $185,000 after buying an additional 925 shares in the last quarter. Bank of Montreal Can increased its stake in Pearson, PLC by 68.7% in the first quarter. Bank of Montreal Can now owns 80,289 shares of the company’s stock worth $681,000 after buying an additional 32,690 shares in the last quarter. Capstone Asset Management Co. increased its stake in Pearson, PLC by 5.1% in the first quarter. Capstone Asset Management Co. now owns 93,218 shares of the company’s stock worth $790,000 after buying an additional 4,500 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Pearson, PLC during the first quarter worth about $143,000. 2.03% of the stock is owned by institutional investors and hedge funds.

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)

Receive News & Ratings for Pearson PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply