Pearson plc’s (PSON) “Buy” Rating Reaffirmed at Panmure Gordon
Several other equities research analysts have also recently weighed in on PSON. BNP Paribas reaffirmed an outperform rating and issued a GBX 1,000 ($12.38) price target on shares of Pearson plc in a research report on Monday, June 20th. Macquarie reissued an outperform rating and set a GBX 1,025 ($12.69) target price on shares of Pearson plc in a research report on Monday, June 20th. Shore Capital reissued a hold rating on shares of Pearson plc in a research report on Monday, June 20th. Deutsche Bank AG reissued a sell rating and set a GBX 770 ($9.53) target price on shares of Pearson plc in a research report on Tuesday, June 21st. Finally, JPMorgan Chase & Co. reissued a neutral rating on shares of Pearson plc in a research report on Tuesday, June 21st. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the stock. Pearson plc presently has a consensus rating of Hold and a consensus price target of GBX 915.14 ($11.33).
Pearson plc (LON:PSON) traded down 8.65% during midday trading on Friday, reaching GBX 760.50. 10,737,615 shares of the company’s stock were exchanged. Pearson plc has a 12-month low of GBX 644.50 and a 12-month high of GBX 1,197.00. The stock’s 50-day moving average is GBX 806.61 and its 200-day moving average is GBX 852.93. The stock’s market capitalization is GBX 6.20 billion.
In other news, insider Vivienne Cox purchased 289 shares of the stock in a transaction on Friday, September 30th. The stock was bought at an average price of GBX 737 ($9.12) per share, for a total transaction of £2,129.93 ($2,636.05). Also, insider Melinda Wolfe sold 25,746 shares of the business’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of GBX 759 ($9.39), for a total transaction of £195,412.14 ($241,846.71).
Pearson plc Company Profile
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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