Pearson plc (PSON) PT Raised to GBX 541
Pearson plc (LON:PSON) had its target price hoisted by research analysts at Jefferies Group LLC from GBX 523 ($6.95) to GBX 541 ($7.19) in a note issued to investors on Wednesday. The firm presently has an “underperform” rating on the stock. Jefferies Group LLC’s price objective indicates a potential downside of 18.89% from the stock’s current price.
A number of other analysts have also weighed in on PSON. Liberum Capital reiterated a “sell” rating and set a GBX 360 ($4.78) target price on shares of Pearson plc in a report on Thursday, June 29th. Barclays PLC reiterated an “equal weight” rating and set a GBX 705 ($9.37) target price on shares of Pearson plc in a report on Friday, July 7th. Shore Capital reiterated a “hold” rating on shares of Pearson plc in a report on Tuesday, July 11th. Numis Securities Ltd reiterated a “sell” rating and set a GBX 490 ($6.51) target price on shares of Pearson plc in a report on Tuesday, July 11th. Finally, Investec reiterated a “hold” rating on shares of Pearson plc in a report on Tuesday, July 11th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 669.18 ($8.89).
Pearson plc (LON:PSON) opened at 667.00 on Wednesday. Pearson plc has a one year low of GBX 552.00 and a one year high of GBX 838.00. The firm’s market capitalization is GBX 5.44 billion. The firm’s 50-day moving average price is GBX 600.75 and its 200 day moving average price is GBX 651.03.
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In other Pearson plc news, insider Tim Score bought 2,610 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was acquired at an average price of GBX 604 ($8.03) per share, with a total value of £15,764.40 ($20,946.59).
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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