Pearson plc Receives Hold Rating from Societe Generale (PSON)
Pearson plc (LON:PSON)‘s stock had its “hold” rating reiterated by investment analysts at Societe Generale in a note issued to investors on Wednesday. They currently have a GBX 1,030 ($17.27) price target on the stock. Societe Generale’s price target indicates a potential downside of 12.04% from the company’s current price.
Shares of Pearson plc (LON:PSON) opened at 1171.00 on Wednesday. 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 1115. and its 200-day moving average is GBX 1163.. The company’s market cap is £9.477 billion.
A number of other firms have also recently commented on PSON. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Pearson plc in a research note on Tuesday, May 6th. They now have a GBX 1,260 ($21.12) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Pearson plc in a research note on Monday, April 28th. They now have a GBX 1,022 ($17.13) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “sell” rating on shares of Pearson plc in a research note on Monday, April 28th. They now have a GBX 875 ($14.67) price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,216 ($20.39).
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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