Pearson’s Buy Rating Reaffirmed at UBS AG (PSON)
Pearson (LON:PSON)‘s stock had its “buy” rating restated by research analysts at UBS AG in a report released on Friday, Analyst Ratings Network.com reports. They currently have a GBX 1,500 ($23.36) target price on the stock. UBS AG’s price target suggests a potential upside of 12.78% from the company’s current price.
A number of other analysts have also recently weighed in on PSON. Analysts at AlphaValue reiterated an “add” rating on shares of Pearson in a research note to investors on Thursday. They now have a GBX 1,435 ($22.35) price target on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Pearson from GBX 1,215 ($18.92) to GBX 1,225 ($19.08) in a research note to investors on Friday, August 16th. They now have an “underweight” rating on the stock. Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Pearson in a research note to investors on Thursday, August 15th. They now have a GBX 1,050 ($16.35) price target on the stock.
Six research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,295.31 ($20.17).
Shares of Pearson (LON:PSON) traded up 1.68% on Friday, hitting GBX 1330.00. 850,005 shares of the company’s stock traded hands. Pearson has a 52 week low of GBX 1090.00 and a 52 week high of GBX 1370.00. The stock’s 50-day moving average is GBX 1296.56 and its 200-day moving average is GBX 1210.. The company’s market cap is £10.733 billion.
Pearson plc, (LON:PSON) is an international media and education company with its principal operations in the education, business information and consumer publishing markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.