Pearson, PLC (NYSE:PSO) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Thursday. The firm currently has a $10.00 price target on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 8.81% from the stock’s current price.

According to Zacks, “Pearson is a global media conglomerate. They publish books, periodicals, reports and screen-based services for professional communities worldwide, under brand names which include the Financial Times, Pitman Publishing and Churchill Livingstone. “

Other equities research analysts have also issued reports about the company. BidaskClub upgraded Pearson, PLC from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. BNP Paribas upgraded Pearson, PLC from an “underperform” rating to an “outperform” rating in a report on Wednesday, September 27th. Finally, Deutsche Bank AG lowered Pearson, PLC from a “hold” rating to a “sell” rating in a report on Tuesday, September 26th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $10.00.

Shares of Pearson, PLC (NYSE PSO) traded up $0.05 during trading on Thursday, hitting $9.19. The stock had a trading volume of 504,118 shares, compared to its average volume of 542,201. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.62 and a quick ratio of 1.49. Pearson, PLC has a fifty-two week low of $7.04 and a fifty-two week high of $10.31.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. lifted its holdings in Pearson, PLC by 16.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 210,368 shares of the company’s stock worth $1,887,000 after purchasing an additional 29,470 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Pearson, PLC by 8.8% in the 2nd quarter. Wells Fargo & Company MN now owns 152,174 shares of the company’s stock worth $1,365,000 after purchasing an additional 12,270 shares during the last quarter. Morgan Stanley lifted its holdings in Pearson, PLC by 17.3% in the 1st quarter. Morgan Stanley now owns 223,462 shares of the company’s stock worth $1,894,000 after purchasing an additional 32,939 shares during the last quarter. Bollard Group LLC lifted its holdings in Pearson, PLC by 4.8% in the 2nd quarter. Bollard Group LLC now owns 79,904 shares of the company’s stock worth $717,000 after purchasing an additional 3,695 shares during the last quarter. Finally, Aperio Group LLC lifted its holdings in Pearson, PLC by 16.2% in the 2nd quarter. Aperio Group LLC now owns 479,919 shares of the company’s stock worth $4,305,000 after purchasing an additional 66,839 shares during the last quarter. Hedge funds and other institutional investors own 1.53% of the company’s stock.

Pearson, PLC Company Profile

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.

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Analyst Recommendations for Pearson, PLC (NYSE:PSO)

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