Wall Street Zen Upgrades Pearson (NYSE:PSO) to Buy

Pearson (NYSE:PSO) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

A number of other equities analysts have also recently issued reports on the stock. Kepler Capital Markets raised shares of Pearson from a “reduce” rating to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings cut shares of Pearson from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Citigroup assumed coverage on shares of Pearson in a research report on Monday, January 12th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Pearson currently has a consensus rating of “Moderate Buy”.

Pearson Trading Down 0.0%

Shares of PSO opened at $14.66 on Friday. The firm’s fifty day simple moving average is $13.10 and its two-hundred day simple moving average is $13.43. The company has a quick ratio of 1.94, a current ratio of 2.00 and a debt-to-equity ratio of 0.39. Pearson has a 12 month low of $12.02 and a 12 month high of $16.67.

Institutional Investors Weigh In On Pearson

Institutional investors and hedge funds have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its holdings in shares of Pearson by 952.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,757 shares of the company’s stock worth $25,000 after acquiring an additional 1,590 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Pearson in the 4th quarter worth about $35,000. Farther Finance Advisors LLC raised its holdings in shares of Pearson by 54.2% in the 4th quarter. Farther Finance Advisors LLC now owns 2,947 shares of the company’s stock worth $41,000 after acquiring an additional 1,036 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Pearson in the 4th quarter worth about $42,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Pearson by 31.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,758 shares of the company’s stock worth $110,000 after acquiring an additional 1,874 shares during the last quarter. Institutional investors and hedge funds own 2.14% of the company’s stock.

About Pearson

Pearson plc is a global education company headquartered in London, England, with significant operations in North America, Europe, Asia, and Latin America. Tracing its roots back to 1844, Pearson evolved from its early beginnings into one of the world’s leading providers of educational content, digital learning tools, and assessment services. The company’s American subsidiary trades on the New York Stock Exchange under the symbol PSO.

Pearson’s core business encompasses a broad portfolio of products and services for learners, educators, and institutions.