Pearson plc’s Buy Rating Reaffirmed at Natixis (PSON)
Pearson plc (LON:PSON)‘s stock had its “buy” rating restated by research analysts at Natixis in a report released on Wednesday. They currently have a GBX 1,300 ($21.51) price objective on the stock. Natixis’ target price indicates a potential upside of 16.07% from the company’s current price.
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, August 15th. They now have a GBX 1,300 ($21.51) price target on the stock. Separately, analysts at Berenberg Bank raised their price target on shares of Pearson plc from GBX 1,022 ($16.91) to GBX 1,160 ($19.20) in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Finally, analysts at Macquarie reiterated an “underperform” rating on shares of Pearson plc in a research note on Monday, July 28th. They now have a GBX 900 ($14.89) price target on the stock. Six investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 1,136 ($18.80).
Shares of Pearson plc (LON:PSON) opened at 1119.00 on Wednesday. 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 1120. and its 200-day moving average is GBX 1098.. The company’s market cap is £9.062 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 12th. Stockholders of record on Wednesday, August 13th will be paid a dividend of GBX 17 ($0.28) per share. This represents a dividend yield of 1.5%. The ex-dividend date is Wednesday, August 13th.
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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