Pearson plc Stock Rating Reaffirmed by Goldman Sachs (PSON)
Pearson plc (LON:PSON)‘s stock had its “sell” rating reiterated by equities researchers at Goldman Sachs in a research report issued on Wednesday. They currently have a GBX 1,130 ($19.23) price target on the stock. Goldman Sachs’ price target points to a potential upside of 0.18% from the company’s current price.
Pearson plc (LON:PSON) traded down 0.53% on Wednesday, hitting GBX 1128.00. 1,936,427 shares of the company’s stock traded hands. Pearson plc has a one year low of GBX 981.0001 and a one year high of GBX 1380.00. The stock’s 50-day moving average is GBX 1138. and its 200-day moving average is GBX 1140.. The company’s market cap is £9.129 billion.
PSON has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “hold” rating on shares of Pearson plc in a research note on Tuesday. They now have a GBX 1,030 ($17.53) price target on the stock. Separately, analysts at Morgan Stanley upgraded shares of Pearson plc to an “equal weight” rating in a research note on Monday. They now have a GBX 1,100 ($18.72) price target on the stock, up previously from GBX 990 ($16.85). Finally, analysts at Liberum Capital reiterated a “sell” rating on shares of Pearson plc in a research note on Friday, June 20th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the stock. Pearson plc currently has a consensus rating of “Hold” and an average price target of GBX 1,195.05 ($20.34).
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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