Pearson, PLC (NYSE:PSO) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Pearson, PLC (NYSE:PSO) have received an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $18.00.

Several brokerages recently issued reports on PSO. Morgan Stanley initiated coverage on Pearson in a report on Monday, October 20th. They issued an “equal weight” rating on the stock. Kepler Capital Markets upgraded shares of Pearson from a “reduce” rating to a “hold” rating in a research report on Friday, January 23rd. Citigroup began coverage on shares of Pearson in a research report on Monday, January 12th. They issued a “buy” rating on the stock. Finally, Weiss Ratings lowered shares of Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th.

Institutional Investors Weigh In On Pearson

Several institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC increased its stake in Pearson by 952.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock valued at $25,000 after buying an additional 1,590 shares during the period. First Horizon Advisors Inc. boosted its holdings in shares of Pearson by 3,131.8% in the second quarter. First Horizon Advisors Inc. now owns 2,133 shares of the company’s stock valued at $32,000 after acquiring an additional 2,067 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Pearson by 54.2% during the fourth quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock worth $41,000 after purchasing an additional 1,036 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Pearson by 113.8% in the second quarter. TD Private Client Wealth LLC now owns 3,492 shares of the company’s stock worth $52,000 after purchasing an additional 1,859 shares during the period. Finally, Global Trust Asset Management LLC bought a new position in Pearson during the 2nd quarter valued at $64,000. Institutional investors and hedge funds own 2.14% of the company’s stock.

Pearson Price Performance

NYSE PSO opened at $12.99 on Wednesday. The company has a quick ratio of 2.24, a current ratio of 2.31 and a debt-to-equity ratio of 0.40. Pearson has a one year low of $12.42 and a one year high of $17.90. The company has a 50-day simple moving average of $13.53 and a 200-day simple moving average of $13.99.

Pearson Company Profile

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.