Pearson Given Sell Rating at Deutsche Bank (PSON)
Pearson (LON:PSON)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank in a report issued on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 1,000 ($16.41) price target on the stock. Deutsche Bank’s price target indicates a potential downside of 22.96% from the stock’s previous close.
Pearson (LON:PSON) traded down 0.99% on Tuesday, hitting GBX 1298.00. The stock had a trading volume of 1,242,106 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 1307. and its 200-day moving average is GBX 1302.. The company’s market cap is £10.475 billion.
A number of other analysts have also recently weighed in on PSON. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Pearson in a research note to investors on Thursday, January 16th. They now have a GBX 1,530 ($25.11) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Pearson from GBX 1,297 ($21.29) to GBX 1,332 ($21.86) in a research note to investors on Monday, January 13th. They now have a “hold” rating on the stock. Finally, analysts at Morgan Stanley reiterated an “underweight” rating on shares of Pearson in a research note to investors on Thursday, January 9th. They now have a GBX 1,225 ($20.11) price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,317.75 ($21.63).
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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