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.
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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.
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