JPMorgan Chase & Co. Reiterates “Overweight” Rating for Pearson (PSON)
Pearson (LON:PSON)‘s stock had its “overweight” rating reiterated by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, ARN reports.
Pearson (LON:PSON) traded down 1.68% during mid-day trading on Friday, hitting GBX 1171.00. The stock had a trading volume of 4,899,023 shares. 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 1300. and its 200-day moving average is GBX 1300.. The company’s market cap is £9.450 billion.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Pearson in a research note to investors on Thursday. They now have a GBX 1,332 ($21.86) price target on the stock. Separately, analysts at Investec reiterated an “add” rating on shares of Pearson in a research note to investors on Thursday. They now have a GBX 1,200 ($19.70) price target on the stock, down previously from GBX 1,325 ($21.75). Finally, 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. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. Pearson presently has an average rating of “Hold” and an average target price of GBX 1,293.81 ($21.24).
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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