Pearson plc Receives Hold Rating from Berenberg Bank (PSON)
Pearson plc (LON:PSON)‘s stock had its “hold” rating restated by Berenberg Bank in a research note issued on Monday, ARN reports. They currently have a GBX 1,022 ($17.17) target price on the stock. Berenberg Bank’s target price would indicate a potential downside of 6.24% from the company’s current price.
A number of other firms have also recently commented on PSON. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Pearson plc in a research note on Monday. They now have a GBX 875 ($14.70) price target on the stock. Separately, 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. Finally, 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. Five research analysts have rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 1,215.27 ($20.42).
Shares of Pearson plc (LON:PSON) opened at 1094.89 on Monday. Pearson plc has a 1-year low of GBX 981.0001 and a 1-year high of GBX 1380.00. The stock has a 50-day moving average of GBX 1033. and a 200-day moving average of GBX 1198.43. The company’s market cap is £8.861 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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