Pearson Stock Rating Reaffirmed by Deutsche Bank (PSON)
Pearson (LON:PSON)‘s stock had its “sell” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 1,000 ($15.96) target price on the stock. Deutsche Bank’s price objective would indicate a potential downside of 25.15% from the stock’s previous close.
A number of other firms have also recently commented on PSON. Analysts at Societe Generale upgraded shares of Pearson to a “hold” rating in a research note to investors on Wednesday. They now have a GBX 1,290 ($20.59) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Pearson in a research note to investors on Friday, October 11th. They now have a GBX 1,600 ($25.54) price target on the stock. Finally, analysts at AlphaValue reiterated an “add” rating on shares of Pearson in a research note to investors on Thursday, October 10th. They now have a GBX 1,440 ($22.99) price target on the stock. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,316.37 ($21.01).
Shares of Pearson (LON:PSON) traded up 1.44% during mid-day trading on Thursday, hitting GBX 1336.00. 1,761,077 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 1278. and its 200-day moving average is GBX 1235.. The company’s market cap is £10.782 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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