Pearson, PLC (NYSE:PSO) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued on Wednesday.

PSO has been the subject of a number of other reports. Zacks Investment Research upgraded Pearson, PLC from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a research note on Wednesday, June 21st. Macquarie upgraded Pearson, PLC from a “neutral” rating to an “outperform” rating in a research note on Friday, July 14th. Finally, Kepler Capital Markets cut Pearson, PLC from a “buy” rating to a “hold” rating in a research note on Thursday, May 11th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the stock. Pearson, PLC presently has an average rating of “Hold” and an average price target of $10.00.

Pearson, PLC (NYSE PSO) opened at 8.06 on Wednesday. The company’s 50 day moving average price is $8.63 and its 200 day moving average price is $8.42. The company’s market cap is $6.56 billion. Pearson, PLC has a 52-week low of $7.04 and a 52-week high of $11.69.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Karp Capital Management Corp bought a new position in shares of Pearson, PLC during the first quarter valued at about $3,503,000. JPMorgan Chase & Co. raised its position in shares of Pearson, PLC by 1,685.5% in the first quarter. JPMorgan Chase & Co. now owns 382,664 shares of the company’s stock valued at $3,245,000 after buying an additional 361,232 shares in the last quarter. FNY Partners Fund LP bought a new position in shares of Pearson, PLC during the first quarter valued at about $1,060,000. Bank of Montreal Can raised its position in shares of Pearson, PLC by 127.2% in the second quarter. Bank of Montreal Can now owns 182,381 shares of the company’s stock valued at $1,636,000 after buying an additional 102,092 shares in the last quarter. Finally, UBS Group AG raised its position in shares of Pearson, PLC by 22.3% in the first quarter. UBS Group AG now owns 491,555 shares of the company’s stock valued at $4,168,000 after buying an additional 89,765 shares in the last quarter. 2.03% of the stock is owned by institutional investors and hedge funds.

About Pearson, PLC

Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.

Analyst Recommendations for Pearson, PLC (NYSE:PSO)

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