Pearson Rating Reiterated by Barclays (PSON)
Pearson (LON:PSON)‘s stock had its “equal weight” rating reaffirmed by investment analysts at Barclays in a note issued to investors on Tuesday, AnalystRatings.Net reports. They currently have a GBX 1,320 ($21.61) price objective on the stock. Barclays’ target price would indicate a potential downside of 1.71% from the company’s current price.
Pearson (LON:PSON) opened at 1339.00 on Tuesday. Pearson has a 52-week low of GBX 1090.00 and a 52-week high of GBX 1380.00. The stock’s 50-day moving average is GBX 1328. and its 200-day moving average is GBX 1274.. The company’s market cap is £10.806 billion.
A number of other analysts have also recently weighed in on PSON. Analysts at Natixis reiterated a “buy” rating on shares of Pearson in a research note to investors on Monday. They now have a GBX 1,560 ($25.54) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Pearson in a research note to investors on Monday. They now have a GBX 1,500 ($24.56) 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 Monday. They now have a GBX 1,000 ($16.37) price target on the stock. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,335.95 ($21.87).
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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