Analysts' Perspective: Pearson, British American Tobacco, Legal & General Group, Paramount Resources, Associated British Foods, Just Eat
Brokerage firm Societe Generale downgraded Pearson PLC (NYSE:PSO) stock from a Buy to a Hold rating
Pearson is an international education and media company. The Company has operations in the education, business information and consumer publishing markets
British American Tobacco PLC (NYSEMKT:BTI) shares were downgraded from Buy to Hold by analysts at Berenberg
British American Tobacco is engaged in manufacturing and marketing cigarettes and other tobacco products.
Investment analysts at Exane BNP Paribas downgraded shares of Legal & General Group Plc (OTCMKTS:LGGNY) from an Outperform to a Neutral rating
Legal & General Group is engaged in life assurance and long-term savings business, investment management, and various general insurance and health business.
Analysts at Barclays upgraded Paramount Resources Ltd. (OTCMKTS:PRMRF) shares from an Underweight to an Equal Weight rating and boosted their price target from $7.00 to $12.00
Paramount Resources is engaged in exploring and developing conventional petroleum and natural gas prospects, which pursues non-conventional exploration and pre-development projects and holds a portfolio of investments in other entities.
Equities researchers at Numis upgraded shares of Associated British Foods plc (OTCMKTS:ASBFY) from a Hold to an Add rating
Associated British Foods is a diversified international food, ingredients and retail group with sales.
Brokerage firm Credit Suisse initiated coverage on Just Eat PLC (OTCMKTS:JSTLF) shares with an Outperform rating
Just Eat operates a digital marketplace for takeaway food delivery.
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