Pearson PLC (ADR) (PSO) Releases FY14 Earnings Guidance
Pearson PLC (ADR) (NYSE:PSO) updated its FY14 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of GBP 0.62-0.67 for the period, compared to the Thomson Reuters consensus estimate of $0.66, Analyst Ratings Net reports.
A number of research firms have recently commented on PSO. Analysts at Citigroup Inc. reiterated a buy rating on shares of Pearson PLC (ADR) in a research note on Thursday. On a related note, analysts at Deutsche Bank reiterated a sell rating on shares of Pearson PLC (ADR) in a research note on Thursday, April 17th. Finally, analysts at Jefferies Group upgraded shares of Pearson PLC (ADR) from a hold rating to a buy rating in a research note on Friday, April 4th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $16.30.
Pearson PLC (NYSE:PSO) opened at 17.67 on Friday. Pearson PLC has a 52 week low of $16.58 and a 52 week high of $22.40. The stock’s 50-day moving average is $17.26 and its 200-day moving average is $19.67. The company has a market cap of $14.300 billion and a P/E ratio of 15.83.
Pearson plc (NYSE:PSO) is an international media and education company with its principal operations in the education, business information and consumer publishing markets.
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