Pearson PLC Given Consensus Recommendation of “Hold” by Analysts (NYSE:PSO)
Shares of Pearson PLC (NYSE:PSO) have been given a consensus recommendation of “Hold” by the fifteen brokerages that are presently covering the stock, Analyst Ratings Net reports. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $20.10.
Shares of Pearson PLC (NYSE:PSO) traded down 0.58% on Friday, hitting $19.456. 19,067 shares of the company’s stock traded hands. Pearson PLC has a 52 week low of $16.58 and a 52 week high of $22.40. The stock has a 50-day moving average of $19.24 and a 200-day moving average of $18.9. The company has a market cap of $15.746 billion and a price-to-earnings ratio of 17.29.
PSO has been the subject of a number of recent research reports. Analysts at Goldman Sachs reiterated a “sell” rating on shares of Pearson PLC in a research note on Wednesday. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Pearson PLC in a research note on Tuesday. Finally, analysts at Morgan Stanley upgraded shares of Pearson PLC from an “underweight” rating to an “equal weight” rating in a research note on Monday.
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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