Pearson plc Given Sell Rating at Deutsche Bank (PSON)
Pearson plc (LON:PSON)‘s stock had its “sell” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday, Analyst Ratings Net reports. They currently have a GBX 875 ($14.70) price target on the stock. Deutsche Bank’s price objective would indicate a potential downside of 19.73% from the stock’s previous close.
Pearson plc (LON:PSON) opened at 1090.00 on Monday. Pearson plc has a 52-week low of GBX 981.0001 and a 52-week high of GBX 1380.00. The stock’s 50-day moving average is GBX 1033. and its 200-day moving average is GBX 1198.43. The company’s market cap is £8.821 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Pearson plc in a research note on Friday. They now have a GBX 1,260 ($21.17) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Pearson plc in a research note on Friday. They now have a GBX 1,048 ($17.61) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Pearson plc in a research note on Friday. They now have a GBX 1,052 ($17.67) 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 assigned a buy rating to the company. Pearson plc currently has a consensus rating of “Hold” and an average target price of GBX 1,215.27 ($20.42).
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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