Pearson plc’s (PSON) Hold Rating Reiterated at Deutsche Bank AG

Pearson plc (LON:PSON)‘s stock had its “hold” rating reissued by Deutsche Bank AG in a research report issued to clients and investors on Monday, August 7th. They currently have a GBX 600 ($7.79) price target on the stock. Deutsche Bank AG’s price target would indicate a potential downside of 0.83% from the company’s current price.

Several other research firms also recently weighed in on PSON. Credit Suisse Group decreased their target price on Pearson plc from GBX 830 ($10.78) to GBX 785 ($10.19) and set a “neutral” rating for the company in a research report on Sunday, May 14th. Kepler Capital Markets downgraded Pearson plc to a “hold” rating and set a GBX 725 ($9.41) target price for the company. in a research report on Thursday, May 11th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 495 ($6.43) price objective on shares of Pearson plc in a report on Thursday, July 13th. Liberum Capital restated a “sell” rating and issued a GBX 360 ($4.67) price objective on shares of Pearson plc in a report on Friday, April 21st. Finally, J P Morgan Chase & Co lifted their target price on Pearson plc from GBX 650 ($8.44) to GBX 900 ($11.68) and gave the company a “neutral” rating in a research note on Monday, May 8th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 695.39 ($9.03).

Shares of Pearson plc (PSON) opened at 605.00 on Monday. The firm has a 50-day moving average of GBX 648.55 and a 200-day moving average of GBX 666.20. The firm’s market capitalization is GBX 4.93 billion. Pearson plc has a 12-month low of GBX 552.00 and a 12-month high of GBX 884.00.

COPYRIGHT VIOLATION NOTICE: This story was first posted by BNB Daily and is the property of of BNB Daily. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.baseball-news-blog.com/2017/08/19/pearson-plc-pson-receives-hold-rating-from-deutsche-bank-ag-updated.html.

In other Pearson plc news, insider Lincoln Wallen purchased 581 shares of Pearson plc stock in a transaction dated Friday, June 30th. The stock was acquired at an average cost of GBX 697 ($9.05) per share, with a total value of £4,049.57 ($5,257.13).

About Pearson plc

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 (LON:PSON)

Receive News & Ratings for Pearson plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply