The stock of Pearson PLC (ADR) (NYSE:PSO) is a huge mover today! About 123,837 shares traded hands. Pearson PLC (ADR) (NYSE:PSO) has declined 18.54% since April 26, 2016 and is downtrending. It has underperformed by 23.80% the S&P500.
The move comes after 8 months positive chart setup for the $7.85 billion company. It was reported on Nov, 29 by Barchart.com. We have $10.08 PT which if reached, will make NYSE:PSO worth $314.00 million more.
Pearson PLC (ADR) (NYSE:PSO) Ratings Coverage
Out of 10 analysts covering Pearson PLC (NYSE) (NYSE:PSO), 3 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 30% are positive. Pearson PLC (NYSE) has been the topic of 13 analyst reports since September 16, 2015 according to StockzIntelligence Inc. Bank of America downgraded the shares of PSO in a report on Thursday, October 22 to “Neutral” rating. As per Thursday, October 1, the company rating was reinitiated by Citigroup. The stock has “Equal-Weight” rating given by Morgan Stanley on Thursday, October 27. Jefferies upgraded Pearson PLC (ADR) (NYSE:PSO) on Thursday, January 21 to “Buy” rating. The firm has “Sell” rating given on Wednesday, March 2 by Goldman Sachs. The company was upgraded on Thursday, January 21 by Societe Generale. The stock has “Neutral” rating given by BNP Paribas on Thursday, September 22. As per Monday, November 2, the company rating was downgraded by Charles Stanley. The rating was downgraded by BNP Paribas on Friday, October 23 to “Neutral”. The firm has “Neutral” rating by JP Morgan given on Thursday, October 22.
According to Zacks Investment Research, “Pearson is a global media conglomerate. They publish books, periodicals, reports and screen-based services for professional communities worldwide, under brand names which include the Financial Times, Pitman Publishing and Churchill Livingstone.”
More important recent Pearson PLC (ADR) (NYSE:PSO) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on May 22, 2009, also Fool.com published article titled: “Pearson PLC (ADR) Stock Surges 16% on Restructuring: Here’s What You Need To Know”, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. More interesting news about Pearson PLC (ADR) (NYSE:PSO) was released by: Benzinga.com and their article: “Pearson Fails In Testing; Stock Plummets” with publication date: July 29, 2016.
PSO Company Profile
Pearson plc (Pearson), incorporated on August 12, 1897, is an international education and media company. The Firm has activities in the education, business information and consumer publishing markets. The Firm operates through three divisions: North America, Core and Growth. The Firm creates and manages intellectual property, which it promotes and sells to its clients under brand names. It has three lines of business corresponding to the stages of learning: schools, higher education and professional, which includes the Financial Times (FT) Group. The Firm delivers its content in a range of forms and through a range of channels, including books and online services. The Firm offers services, as well as content, from test creation, administration and processing to teacher development and school software. It operates in approximately 70 countries across the world. Pearson consists of its education business, including the FT Group and holds interest in Penguin Random House.
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