Pearson plc’s (PSON) Sell Rating Reaffirmed at Liberum Capital
Liberum Capital restated their sell rating on shares of Pearson plc (LON:PSON) in a research report released on Tuesday, July 11th, Marketbeat.com reports. They currently have a GBX 360 ($4.75) target price on the stock.
Other equities analysts have also recently issued research reports about the company. Barclays PLC raised their target price on Pearson plc from GBX 625 ($8.24) to GBX 705 ($9.30) and gave the stock an equal weight rating in a report on Monday, May 15th. Deutsche Bank AG restated a hold rating and set a GBX 600 ($7.91) target price on shares of Pearson plc in a report on Monday, May 15th. Macquarie raised their target price on Pearson plc from GBX 600 ($7.91) to GBX 790 ($10.42) and gave the stock a neutral rating in a report on Monday, May 8th. Goldman Sachs Group Inc reduced their target price on Pearson plc from GBX 519 ($6.85) to GBX 495 ($6.53) and set a sell rating on the stock in a report on Monday, June 19th. Finally, Shore Capital reaffirmed a hold rating on shares of Pearson plc in a research report on Tuesday, July 11th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 700.39 ($9.24).
Pearson plc (LON PSON) traded down 2.02% during mid-day trading on Tuesday, reaching GBX 655.50. The company’s stock had a trading volume of 4,288,508 shares. The company’s market cap is GBX 5.34 billion. The stock’s 50 day moving average is GBX 675.65 and its 200 day moving average is GBX 668.00. Pearson plc has a 12 month low of GBX 552.00 and a 12 month high of GBX 899.50.
In other news, insider Lincoln Wallen bought 117 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The shares were acquired at an average price of GBX 711 ($9.38) per share, with a total value of £831.87 ($1,097.31).
Pearson plc Company Profile
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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