Pearson PLC (NYSE:PSO) was upgraded by investment analysts at Bank of America Corp. from a “neutral” rating to a “buy” rating in a note issued to investors on Wednesday, American Banking & Market News reports.
Shares of Pearson PLC (NYSE:PSO) opened at 21.40 on Wednesday. Pearson PLC has a 52-week low of $17.08 and a 52-week high of $22.09. The stock’s 50-day moving average is $20.97 and its 200-day moving average is $19.79. The company has a market cap of $17.270 billion and a P/E ratio of 38.15.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs Group Inc. downgraded shares of Pearson PLC from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, November 5th. Separately, analysts at Kepler Capital Markets upgraded shares of Pearson PLC from a “reduce” rating to a “hold” rating in a research note to investors on Friday, October 18th. Finally, analysts at Societe Generale upgraded shares of Pearson PLC from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, October 15th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $15.65.
Pearson plc (NYSE:PSO) is an international media business covering education, business information and consumer publishing.
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