Pearson, PLC (NYSE:PSO) was downgraded by equities researchers at Deutsche Bank AG from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

PSO has been the subject of a number of other research reports. Zacks Investment Research downgraded Pearson, PLC from a “hold” rating to a “sell” rating in a research report on Friday, July 21st. Macquarie upgraded Pearson, PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, July 14th. Finally, BidaskClub downgraded Pearson, PLC from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $10.00.

Shares of Pearson, PLC (NYSE PSO) opened at 8.11 on Tuesday. The company’s market cap is $6.61 billion. Pearson, PLC has a 52-week low of $7.04 and a 52-week high of $10.37. The company’s 50-day moving average is $7.92 and its 200 day moving average is $8.38.

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A number of hedge funds have recently made changes to their positions in PSO. US Bancorp DE lifted its position in Pearson, PLC by 20.7% in the first quarter. US Bancorp DE now owns 11,872 shares of the company’s stock valued at $101,000 after purchasing an additional 2,035 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in Pearson, PLC in the second quarter valued at approximately $127,000. Timber Hill LLC lifted its position in Pearson, PLC by 31.3% in the second quarter. Timber Hill LLC now owns 16,919 shares of the company’s stock valued at $152,000 after purchasing an additional 4,035 shares during the last quarter. Greenleaf Trust lifted its position in Pearson, PLC by 2.1% in the second quarter. Greenleaf Trust now owns 17,180 shares of the company’s stock valued at $154,000 after purchasing an additional 361 shares during the last quarter. Finally, Lapides Asset Management LLC lifted its position in Pearson, PLC by 35.5% in the first quarter. Lapides Asset Management LLC now owns 19,100 shares of the company’s stock valued at $162,000 after purchasing an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 1.64% of the company’s stock.

Pearson, PLC Company Profile

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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