Pearson PLC (ADR) (PSO) was Upgraded by Morgan Stanley to ” Overweight”. Earlier the firm had a rating of “Equal-Weight ” on the company shares. Morgan Stanley advised their investors in a research report released on Jul 13, 2016.
Many Wall Street Analysts have commented on Pearson PLC (ADR). Pearson PLC (ADR) was Downgraded by Societe Generale to ” Hold” on Jul 7, 2016.
Pearson PLC (ADR) opened for trading at $12.46 and hit $12.62 on the upside on Monday, eventually ending the session at $12.58, with a gain of 2.36% or 0.29 points. The heightened volatility saw the trading volume jump to 3,21,555 shares. Company has a market cap of $10,245 M.
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education business information and consumer publishing markets. The Company creates and manages intellectual property which it promotes and sells to its customers under brand names to inform educate and entertain. It operates in three segments: North America Core and Growth. It has three lines of business corresponding to the key stages of learning: schools higher education and professional which includes the Financial Times (FT) Group. It delivers its content in a variety of forms and through a variety of channels including books newspapers and online services. The Company offers services as well as content from test creation administration and processing to teacher development and school software. It operates in around 70 countries across the world. Pearson consists of its education business including the FT Group and around 47% interest in Penguin Random House.