Pearson PLC (PSO) Receives Average Recommendation of “Hold” from Analysts

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Pearson PLC (NYSE:PSO) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

A number of equities research analysts recently weighed in on PSO shares. Societe Generale lowered shares of Pearson from a “buy” rating to a “hold” rating in a report on Thursday, July 5th. Credit Suisse Group lowered shares of Pearson from a “neutral” rating to an “underperform” rating in a report on Wednesday, June 27th. Finally, Citigroup lowered shares of Pearson from a “buy” rating to a “neutral” rating in a report on Wednesday, August 1st.

PSO traded up $0.24 during trading hours on Tuesday, reaching $11.58. 667,100 shares of the stock traded hands, compared to its average volume of 311,365. The firm has a market cap of $8.84 billion, a price-to-earnings ratio of 16.54 and a beta of 0.09. Pearson has a fifty-two week low of $8.94 and a fifty-two week high of $12.73. The company has a current ratio of 1.97, a quick ratio of 1.86 and a debt-to-equity ratio of 0.26.

A number of hedge funds have recently made changes to their positions in PSO. Cubist Systematic Strategies LLC acquired a new position in Pearson during the 2nd quarter worth $102,000. Atria Investments LLC acquired a new position in Pearson during the 3rd quarter worth $121,000. Atlas Capital Advisors LLC acquired a new position in Pearson during the 2nd quarter worth $232,000. Mount Yale Investment Advisors LLC acquired a new position in Pearson during the 2nd quarter worth $249,000. Finally, Guggenheim Capital LLC grew its holdings in Pearson by 8.7% during the 1st quarter. Guggenheim Capital LLC now owns 52,715 shares of the company’s stock worth $555,000 after acquiring an additional 4,211 shares in the last quarter. 1.34% of the stock is owned by institutional investors.

About Pearson

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.

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Analyst Recommendations for Pearson (NYSE:PSO)

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