Pearson plc (NYSE:PSO) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Pearson plc (NYSE:PSO) have been assigned a consensus rating of “Hold” from the thirteen research firms that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company.

Several research analysts recently commented on the stock. Morgan Stanley reiterated an “equal weight” rating on shares of Pearson in a research note on Wednesday, March 31st. UBS Group upgraded shares of Pearson from a “sell” rating to a “neutral” rating in a research note on Thursday, April 29th. Zacks Investment Research lowered shares of Pearson from a “hold” rating to a “sell” rating in a research note on Thursday, July 15th. BNP Paribas upgraded shares of Pearson from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 5th. Finally, Barclays reiterated an “underweight” rating on shares of Pearson in a research note on Friday, July 2nd.

Shares of NYSE PSO traded up $0.08 during trading hours on Friday, hitting $11.74. 4,600 shares of the stock were exchanged, compared to its average volume of 157,567. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.04 and a current ratio of 2.13. The firm has a market capitalization of $8.88 billion, a P/E ratio of 31.51, a PEG ratio of 2.19 and a beta of 0.37. The firm’s fifty day simple moving average is $11.83. Pearson has a 12 month low of $6.13 and a 12 month high of $12.39.

Institutional investors have recently modified their holdings of the business. Eaton Vance Management acquired a new position in Pearson during the 4th quarter valued at approximately $106,000. UBS Group AG increased its stake in shares of Pearson by 176.0% in the first quarter. UBS Group AG now owns 15,603 shares of the company’s stock worth $166,000 after acquiring an additional 9,949 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Pearson by 52.4% in the fourth quarter. Bank of New York Mellon Corp now owns 17,278 shares of the company’s stock worth $159,000 after acquiring an additional 5,941 shares during the period. Susquehanna International Group LLP increased its stake in shares of Pearson by 12.4% in the fourth quarter. Susquehanna International Group LLP now owns 24,033 shares of the company’s stock worth $221,000 after acquiring an additional 2,648 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of Pearson by 54.4% in the first quarter. Royal Bank of Canada now owns 24,140 shares of the company’s stock worth $258,000 after acquiring an additional 8,503 shares during the period. Institutional investors and hedge funds own 1.55% of the company’s stock.

About Pearson

Pearson plc provides educational materials and learning technologies. The company operates in four segments: Global Online Learning, Global Assessment, North America Courseware, and International. It provides test development, processing, and scoring services to governments, educational institutions, corporations, and professional bodies.

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Analyst Recommendations for Pearson (NYSE:PSO)

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