Shares of Pearson plc (NYSE:PSO – Get Rating) reached a new 52-week high on Tuesday . The company traded as high as $11.67 and last traded at $11.67, with a volume of 2277 shares. The stock had previously closed at $11.63.
Wall Street Analyst Weigh In
PSO has been the topic of a number of recent research reports. Societe Generale lifted their target price on Pearson from GBX 945 ($11.17) to GBX 1,140 ($13.48) in a research report on Tuesday, October 25th. Deutsche Bank Aktiengesellschaft lifted their target price on Pearson from GBX 900 ($10.64) to GBX 1,140 ($13.48) in a research report on Wednesday, October 5th. StockNews.com downgraded Pearson from a “buy” rating to a “hold” rating in a research report on Wednesday, November 16th. Credit Suisse Group lifted their price objective on Pearson from GBX 975 ($11.53) to GBX 998 ($11.80) in a report on Monday, October 3rd. Finally, Barclays lifted their price objective on Pearson from GBX 840 ($9.93) to GBX 910 ($10.76) in a report on Friday, September 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Pearson currently has an average rating of “Hold” and a consensus target price of $989.71.
Pearson Price Performance
The business’s 50 day moving average price is $10.48 and its 200-day moving average price is $10.01. The company has a quick ratio of 1.88, a current ratio of 1.95 and a debt-to-equity ratio of 0.26.
Institutional Inflows and Outflows
Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.
- Get a free copy of the StockNews.com research report on Pearson (PSO)
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