06 May, 2017
The firm has "Neutral" rating by BNP Paribas given on Thursday, September 22. The firm has "Underperform" rating by BNP Paribas given on Friday, April 7. 472,260 shares of the company's stock were exchanged. "Each 100 million pounds of savings assumed in 2018 would add around 20 percent to consensus earnings per share", analysts at Citi said.
08/01/2016 - Pearson, Plc had its "buy" rating reiterated by analysts at Beaufort Securities. Pearson PLC (ADR) (NYSE:PSO) has declined 14.96% since September 28, 2016 and is downtrending. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company.
Investors in education group Pearson (PSON.L) delivered a rebuke to Chief Executive John Fallon on Friday hours after he set out a new cost-cutting plan to try to revive a business hit by the rapid move to digital learning. Finally, Deutsche Bank AG upgraded Pearson PLC from a sell rating to a hold rating in a research note on Thursday, January 19th. The company has market cap of $7.89 billion.
Ahead of the vote at Friday's annual general meeting, Pearson announced that Mr Fallon had invested his full, post-tax bonus back into Pearson shares.
"However", the analysts concluded, "Pearson's current strategy remains a higher risk bet on the group's ability to seize market share in the emerging digital education space".
Meanwhile, the company will review its courseware publishing business in the USA, a division that calls for high levels of investment and has been slow to adjust to an environment where the shift to digital has challenged the teaching materials market. On Thursday, March 2 the stock rating was downgraded by Citigroup to "Neutral". The stock of Entergy Corporation (NYSE:ETR) has "Buy" rating given on Tuesday, January 12 by Bank of America. The firm has "Sell" rating by Goldman Sachs given on Wednesday, March 2. Jefferies maintained the shares of ETR in report on Friday, June 10 with "Hold" rating. The organisation, which has also previously spoken out against betting on food prices by banks and the controversial TTIP trade deal, says it is is protesting Pearson because of its testing business and its support of private schools in the global south, which it believes "exploits some of the world's poorest and most vulnerable families", arguing the schools use "unqualified" staff, who use "culturally un-sensitive scripted lessons, in unsuitable facilities".
Several institutional investors have recently bought and sold shares of the company. Bridgeway Capital Management Inc, a Texas-based fund reported 68,100 shares.
Since January 1, 0001, it had 0 insider buys, and 3 sales for $376,038 activity.
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