Pearson PLC (ADR) (PSO) was Downgraded by Credit Suisse to ” Underperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Credit Suisse advised their investors in a research report released on Nov 22, 2016.
Many Wall Street Analysts have commented on Pearson PLC (ADR). Pearson PLC (ADR) was Downgraded by Morgan Stanley to ” Equal-Weight” on Oct 27, 2016. Pearson PLC (ADR) was Downgraded by Exane BNP Paribas to ” Neutral” on Sep 22, 2016.
Pearson PLC (ADR) closed down -0.04 points or -0.42% at $9.41 with 3,08,714 shares getting traded on Monday. Post opening the session at $9.43, the shares hit an intraday low of $9.385 and an intraday high of $9.4495 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.