Pearson (NYSE:PSO) PT Raised to GBX 1,230

Pearson (NYSE:PSO – Get Rating) had its target price raised by stock analysts at JPMorgan Chase & Co. from GBX 1,200 ($14.43) to GBX 1,230 ($14.79) in a research report issued to clients and investors on Thursday, The Fly reports.

PSO has been the topic of several other reports. Exane BNP Paribas lowered shares of Pearson from an “outperform” rating to a “neutral” rating in a research report on Thursday, December 1st. StockNews.com downgraded shares of Pearson from a “buy” rating to a “hold” rating in a research note on Thursday, March 2nd. Morgan Stanley boosted their target price on Pearson from GBX 900 ($10.82) to GBX 940 ($11.30) in a report on Friday, December 16th. BNP Paribas cut Pearson from an “outperform” rating to a “neutral” rating in a report on Thursday, December 1st. Finally, Barclays decreased their price target on Pearson from GBX 945 ($11.36) to GBX 915 ($11.00) in a report on Monday, March 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1,020.43.

Pearson Trading Down 0.8 %

PSO stock opened at $10.17 on Thursday. The company’s 50 day moving average is $11.04 and its two-hundred day moving average is $10.83. Pearson has a twelve month low of $8.84 and a twelve month high of $12.03. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.91 and a quick ratio of 1.88.

Institutional Trading of Pearson

Several institutional investors have recently modified their holdings of the company. Advisor Group Holdings Inc. raised its position in Pearson by 175.4% in the 1st quarter. Advisor Group Holdings Inc. now owns 21,123 shares of the company’s stock valued at $212,000 after purchasing an additional 13,454 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Pearson by 11.0% during the first quarter. JPMorgan Chase & Co. now owns 11,590 shares of the company’s stock worth $116,000 after acquiring an additional 1,153 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Pearson by 13.8% in the first quarter. Bank of New York Mellon Corp now owns 47,051 shares of the company’s stock valued at $469,000 after buying an additional 5,692 shares during the period. US Bancorp DE increased its stake in shares of Pearson by 13.7% during the first quarter. US Bancorp DE now owns 49,032 shares of the company’s stock worth $489,000 after purchasing an additional 5,926 shares during the period. Finally, HighTower Advisors LLC grew its position in Pearson by 54.4% during the first quarter. HighTower Advisors LLC now owns 16,034 shares of the company’s stock worth $158,000 after buying an additional 5,649 shares in the last quarter. Institutional investors and hedge funds own 2.83% of the company’s stock.

About Pearson

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Pearson Plc engages in the business of education, business information, and consumer publishing markets. It operates through the following segments: Global Online Learning, Global Assessment, North American Courseware, and International. The Global Online Learning segment offers virtual schools and online program management.