Credit Suisse Group AG reaffirmed their underperform rating on shares of Pearson plc (LON:PSON) in a research report sent to investors on Tuesday. The firm currently has a GBX 740 ($9.25) price objective on the stock, down from their previous price objective of GBX 840 ($10.49).

Several other research analysts have also commented on PSON. Kepler Capital Markets reiterated a buy rating and set a GBX 975 ($12.18) price objective on shares of Pearson plc in a research note on Wednesday, July 27th. Numis Securities Ltd downgraded shares of Pearson plc to a sell rating and set a GBX 710 ($8.87) price objective on the stock. in a report on Friday, July 29th. Shore Capital reaffirmed a hold rating on shares of Pearson plc in a report on Friday, July 29th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 920 ($11.49) price objective on shares of Pearson plc in a report on Monday, August 1st. Finally, Macquarie reaffirmed an outperform rating and issued a GBX 1,025 ($12.81) price objective on shares of Pearson plc in a report on Monday, August 1st. Seven equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company. Pearson plc presently has a consensus rating of Hold and an average price target of GBX 884.45 ($11.05).

Shares of Pearson plc (LON:PSON) opened at 777.00 on Tuesday. The company’s market cap is GBX 6.33 billion. Pearson plc has a 12-month low of GBX 644.50 and a 12-month high of GBX 989.50. The company’s 50-day moving average price is GBX 767.65 and its 200 day moving average price is GBX 837.44.

In related news, insider John Fallon acquired 10,000 shares of the business’s stock in a transaction on Wednesday, October 19th. The shares were bought at an average price of GBX 755 ($9.43) per share, with a total value of £75,500 ($94,327.84). Also, insider Vivienne Cox acquired 289 shares of the business’s stock in a transaction on Friday, September 30th. The shares were bought at an average cost of GBX 737 ($9.21) per share, for a total transaction of £2,129.93 ($2,661.08).

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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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