Analysts Set Pearson, PLC (NYSE:PSO) PT at $18.00

Shares of Pearson, PLC (NYSE:PSO) have received an average rating of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $18.00.

A number of analysts have recently weighed in on the stock. Morgan Stanley began coverage on shares of Pearson in a research report on Monday, October 20th. They issued an “equal weight” rating on the stock. Wall Street Zen cut shares of Pearson from a “buy” rating to a “hold” rating in a report on Saturday, September 20th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Pearson in a report on Monday, December 29th.

Pearson Stock Down 0.2%

NYSE PSO opened at $14.14 on Friday. The stock’s 50 day moving average is $13.58 and its 200 day moving average is $14.13. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.24 and a current ratio of 2.31. Pearson has a twelve month low of $12.85 and a twelve month high of $17.90.

Institutional Investors Weigh In On Pearson

A number of institutional investors have recently modified their holdings of PSO. U.S. Capital Wealth Advisors LLC grew its position in Pearson by 6.3% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 12,294 shares of the company’s stock valued at $184,000 after purchasing an additional 724 shares during the last quarter. GAMMA Investing LLC raised its holdings in Pearson by 12.3% in the fourth quarter. GAMMA Investing LLC now owns 8,397 shares of the company’s stock worth $118,000 after buying an additional 922 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Pearson by 0.8% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 120,197 shares of the company’s stock worth $1,702,000 after buying an additional 1,004 shares in the last quarter. Gitterman Wealth Management LLC grew its holdings in shares of Pearson by 8.6% during the third quarter. Gitterman Wealth Management LLC now owns 16,449 shares of the company’s stock valued at $233,000 after buying an additional 1,299 shares during the last quarter. Finally, Ritholtz Wealth Management increased its position in shares of Pearson by 7.9% during the third quarter. Ritholtz Wealth Management now owns 19,165 shares of the company’s stock valued at $271,000 after acquiring an additional 1,404 shares in the last quarter. 2.14% of the stock is owned by hedge funds and other institutional investors.

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.