Pearson PLC Rating Increased to Buy at Citigroup Inc. (PSO)
Pearson PLC (NYSE:PSO) was upgraded by stock analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating in a report issued on Monday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on PSO. Analysts at JPMorgan Chase & Co. downgraded shares of Pearson PLC from an “overweight” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at Zacks downgraded shares of Pearson PLC from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 15th. They now have a $23.60 price target on the stock. Finally, analysts at Zacks upgraded shares of Pearson PLC from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, December 2nd. They now have a $23.60 price target on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Pearson PLC presently has an average rating of “Hold” and an average price target of $23.60.
Shares of Pearson PLC (NYSE:PSO) traded down 2.85% on Monday, hitting $18.73. The stock had a trading volume of 272,775 shares. Pearson PLC has a 52-week low of $17.08 and a 52-week high of $22.40. The stock has a 50-day moving average of $21.30 and a 200-day moving average of $20.7. The company has a market cap of $15.115 billion and a price-to-earnings ratio of 34.37.
Pearson plc (NYSE:PSO) is an international media business covering education, business information and consumer publishing.
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