Pearson Given Outperform Rating at Credit Suisse (PSON)
Pearson (LON:PSON)‘s stock had its “outperform” rating reaffirmed by Credit Suisse in a research note issued on Monday, Analyst Ratings.Net reports. They currently have a GBX 1,530 ($24.51) price target on the stock. Credit Suisse’s price objective indicates a potential upside of 17.60% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at HSBC reiterated an “underweight” rating on shares of Pearson (LON:PSON) in a research note to investors on Friday. They now have a GBX 1,100 ($17.62) price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Pearson (LON:PSON) from GBX 1,330 ($21.30) to GBX 1,340 ($21.46) in a research note to investors on Thursday. They now have an “equal weight” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Pearson (LON:PSON) in a research note to investors on Tuesday, September 17th. They now have a GBX 1,000 ($16.02) price target on the stock.
Six analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,316.33 ($21.08).
Shares of Pearson (LON:PSON) opened at 1286.00 on Monday. Pearson has a 52 week low of GBX 1090.00 and a 52 week high of GBX 1370.00. The stock has a 50-day moving average of GBX 1307. and a 200-day moving average of GBX 1222.. The company’s market cap is £10.378 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.
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