Pearson Stock Rating Reaffirmed by Investec (PSON)
Pearson (LON:PSON)‘s stock had its “add” rating reiterated by analysts at Investec in a research report issued to clients and investors on Thursday, Analyst Ratings News reports. They currently have a GBX 1,200 ($19.70) price target on the stock, down from their previous price target of GBX 1,325 ($21.75). Investec’s price target indicates a potential upside of 0.76% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Pearson in a research note to investors on Thursday. They now have a GBX 1,128 ($18.52) 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. They now have a GBX 1,000 ($16.41) price target on the stock. Finally, 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. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 1,312.14 ($21.54).
Pearson (LON:PSON) traded down 9.15% during mid-day trading on Thursday, hitting GBX 1191.00. 8,300,362 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 1380.00. The stock’s 50-day moving average is GBX 1303. and its 200-day moving average is GBX 1301.. The company’s market cap is £9.611 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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