Pearson PT Raised to GBX 1,297 (PSON)
Numis Securities Ltd upped their target price on shares of Pearson (LON:PSON) from GBX 1,225 ($19.82) to GBX 1,297 ($20.98) in a research note issued on Wednesday, StockRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price objective suggests a potential downside of 4.98% from the stock’s previous close.
A number of other analysts have also recently weighed in on PSON. Analysts at Liberum Capital reiterated a “sell” rating on shares of Pearson in a research note to investors on Wednesday. They now have a GBX 1,050 ($16.99) price target on the stock. Separately, analysts at Nomura reiterated a “reduce” rating on shares of Pearson in a research note to investors on Monday, October 21st. They now have a GBX 1,100 ($17.80) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Pearson in a research note to investors on Thursday, October 17th. They now have a GBX 1,000 ($16.18) price target on the stock. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,319.50 ($21.35).
Pearson (LON:PSON) opened at 1317.00 on Wednesday. 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 1278. and a 200-day moving average of GBX 1235.. The company’s market cap is £10.628 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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