Pearson (PSON) Rating Reiterated by Shore Capital
Pearson (LON:PSON)‘s stock had its “hold” rating restated by stock analysts at Shore Capital in a research note issued to investors on Wednesday.
A number of other equities research analysts also recently weighed in on PSON. Deutsche Bank downgraded shares of Pearson to a “sell” rating and lowered their target price for the company from GBX 600 ($8.14) to GBX 470 ($6.37) in a research note on Wednesday, September 27th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 330 ($4.48) target price on shares of Pearson in a research note on Thursday, September 28th. JPMorgan Chase & Co. raised their target price on shares of Pearson from GBX 740 ($10.04) to GBX 763 ($10.35) and gave the company a “neutral” rating in a research note on Wednesday, January 10th. Jefferies Group raised their target price on shares of Pearson from GBX 523 ($7.09) to GBX 541 ($7.34) and gave the company an “underperform” rating in a research note on Wednesday, October 18th. Finally, Berenberg Bank reaffirmed a “sell” rating and issued a GBX 490 ($6.64) target price on shares of Pearson in a research note on Wednesday, January 10th. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 656.53 ($8.90).
Shares of Pearson (PSON) traded up GBX 1 ($0.01) on Wednesday, reaching GBX 680.20 ($9.22). 4,640,000 shares of the company were exchanged, compared to its average volume of 3,470,000. The stock has a market capitalization of $5,440.00 and a P/E ratio of -259.62. Pearson has a 1-year low of GBX 552 ($7.49) and a 1-year high of GBX 773 ($10.48).
COPYRIGHT VIOLATION WARNING: “Pearson (PSON) Rating Reiterated by Shore Capital” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was illegally copied and republished in violation of United States and international copyright law. The legal version of this article can be accessed at https://www.thecerbatgem.com/2018/01/19/pearson-pson-rating-reiterated-by-shore-capital.html.
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.
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.