Pearson plc (PSON) PT Lowered to GBX 750 at Barclays PLC
Pearson plc (LON:PSON) had its price objective decreased by equities research analysts at Barclays PLC from GBX 920 ($12.01) to GBX 750 ($9.79) in a report issued on Monday. The firm currently has an “equal weight” rating on the stock. Barclays PLC’s price objective would suggest a potential downside of 0.40% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. Kepler Capital Markets reissued a “buy” rating and issued a GBX 975 ($12.73) price target on shares of Pearson plc in a report on Wednesday, July 27th. Beaufort Securities reissued a “buy” rating on shares of Pearson plc in a report on Monday, August 1st. Goldman Sachs Group Inc. lowered their price target on Pearson plc from GBX 865 ($11.29) to GBX 825 ($10.77) and set a “sell” rating for the company in a report on Monday, August 8th. Shore Capital reissued a “hold” rating on shares of Pearson plc in a report on Monday, June 20th. Finally, BNP Paribas reaffirmed an “outperform” rating and set a GBX 1,000 ($13.05) target price on shares of Pearson plc in a report on Monday, June 20th. Seven analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 915.14 ($11.95).
Pearson plc (LON:PSON) opened at 755.233 on Monday. The company’s market capitalization is GBX 6.16 billion. The firm has a 50-day moving average price of GBX 826.49 and a 200 day moving average price of GBX 858.75. Pearson plc has a 1-year low of GBX 644.50 and a 1-year high of GBX 1,227.00.
The business also recently disclosed a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 18th were paid a dividend of GBX 18 ($0.23) per share. This represents a yield of 2.04%. The ex-dividend date was Thursday, August 18th.
About Pearson plc
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 operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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