The stock of Pearson PLC (ADR) (NYSE:PSO) is a huge mover today! About 231,664 shares traded hands. Pearson PLC (ADR) (NYSE:PSO) has declined 18.71% since March 1, 2016 and is downtrending. It has underperformed by 27.96% the S&P500.
The move comes after 5 months positive chart setup for the $8.55 billion company. It was reported on Oct, 4 by Barchart.com. We have $12.55 PT which if reached, will make NYSE:PSO worth $1.88 billion more.
Pearson PLC (ADR) (NYSE:PSO) Ratings Coverage
Out of 9 analysts covering Pearson PLC (NYSE) (NYSE:PSO), 3 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 33% are positive. Pearson PLC (NYSE) has been the topic of 11 analyst reports since September 16, 2015 according to StockzIntelligence Inc. The rating was downgraded by Charles Stanley to “Hold” on Monday, November 2. The firm has “Neutral” rating by Bank of America given on Thursday, October 22. The firm earned “Neutral” rating on Thursday, October 22 by JP Morgan. On Thursday, January 21 the stock rating was upgraded by Jefferies to “Buy”. The firm has “Buy” rating by Societe Generale given on Thursday, January 21. The stock of Pearson PLC (ADR) (NYSE:PSO) has “Sell” rating given on Wednesday, March 2 by Goldman Sachs. JP Morgan reinitiated Pearson PLC (ADR) (NYSE:PSO) on Wednesday, September 16 with “Overweight” rating. BNP Paribas downgraded the stock to “Neutral” rating in Friday, October 23 report. The stock of Pearson PLC (ADR) (NYSE:PSO) has “Neutral” rating given on Thursday, September 22 by BNP Paribas. On Tuesday, October 27 the stock rating was downgraded by Credit Suisse to “Neutral”.
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 notable recent Pearson PLC (ADR) (NYSE:PSO) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on May 21, 2009, also Fool.com with their article: “Pearson PLC (ADR) Stock Surges 16% on Restructuring: Here’s What You Need To Know” published on January 21, 2016, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. More interesting news about Pearson PLC (ADR) (NYSE:PSO) were released by: Benzinga.com and their article: “Pearson Fails In Testing; Stock Plummets” published on July 29, 2016 as well as Bidnessetc.com‘s news article titled: “Pearson PLC (ADR) Sells Financial Times Group To Japan’s Nikkei” with publication date: July 23, 2015.
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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