Pearson plc’s “Sell” Rating Reaffirmed at Liberum Capital (PSON)
Pearson plc (LON:PSON) traded down 0.36% on Friday, hitting GBX 1119.00. 1,892,918 shares of the company’s stock traded hands. 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 1136. and its 200-day moving average is GBX 1147.. The company’s market cap is £9.056 billion.
A number of other firms have also recently commented on PSON. Analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Pearson plc in a research note on Friday, June 13th. They now have a GBX 1,300 ($22.07) price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Pearson plc to a “sell” rating in a research note on Thursday, June 12th. They now have a GBX 1,130 ($19.18) price target on the stock, up previously from GBX 1,080 ($18.33). Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Pearson plc in a research note on Wednesday, June 4th. They now have a GBX 1,030 ($17.48) price target on the stock. Six analysts have rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,197.43 ($20.33).
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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