Pearson’s “Outperform” Rating Reaffirmed at BNP Paribas (PSON)
Pearson (LON:PSON)‘s stock had its “outperform” rating restated by equities research analysts at BNP Paribas in a research note issued to investors on Tuesday, AR Network reports. They currently have a GBX 1,550 ($25.42) target price on the stock. BNP Paribas’ price objective points to a potential upside of 18.41% from the stock’s previous close.
Shares of Pearson (LON:PSON) traded down 0.68% on Tuesday, hitting GBX 1309.00. The stock had a trading volume of 1,239,740 shares. Pearson has a one year low of GBX 1090.00 and a one year high of GBX 1380.00. The stock’s 50-day moving average is GBX 1319. and its 200-day moving average is GBX 1292.. The company’s market cap is £10.564 billion.
PSON has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Pearson in a research note to investors on Monday. They now have a GBX 1,400 ($22.96) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of Pearson in a research note to investors on Tuesday, December 10th. They now have a GBX 1,000 ($16.40) price target on the stock. Finally, analysts at Nomura raised their price target on shares of Pearson from GBX 1,100 ($18.04) to GBX 1,140 ($18.70) in a research note to investors on Wednesday, December 4th. They now have a “reduce” rating on the stock. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,330.62 ($21.82).
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.