Pearson plc Receives Buy Rating from Natixis (PSON)
Pearson plc (LON:PSON)‘s stock had its “buy” rating reaffirmed by investment analysts at Natixis in a note issued to investors on Thursday. They currently have a GBX 1,300 ($22.12) target price on the stock. Natixis’ price target would indicate a potential upside of 15.25% from the stock’s previous close.
Shares of Pearson plc (LON:PSON) traded up 0.98% during mid-day trading on Thursday, hitting GBX 1139.00. 1,024,701 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 1138. and its 200-day moving average is GBX 1140.. The company’s market cap is £9.218 billion.
Several other analysts have also recently commented on the stock. Analysts at Goldman Sachs reiterated a “sell” rating on shares of Pearson plc in a research note on Wednesday. They now have a GBX 1,130 ($19.23) price target on the stock. Separately, 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. Finally, 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). Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,182.67 ($20.13).
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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