Pearson plc Stock Rating Upgraded by AlphaValue (PSON)
Pearson plc (LON:PSON) was upgraded by research analysts at AlphaValue to a “buy” rating in a report released on Tuesday. The firm currently has a GBX 1,363 ($22.62) price target on the stock. AlphaValue’s price target would indicate a potential upside of 23.35% from the stock’s previous close.
Pearson plc (LON:PSON) opened at 1105.00 on Tuesday. Pearson plc has a 1-year low of GBX 981.0001 and a 1-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 £8.948 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 12th. Stockholders of record on Wednesday, August 13th will be given a dividend of GBX 17 ($0.28) per share. This represents a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, August 13th.
A number of other analysts have also recently weighed in on PSON. Analysts at Natixis reiterated a “buy” rating on shares of Pearson plc in a research note on Wednesday, August 27th. They now have a GBX 1,300 ($21.57) price target on the stock. Separately, 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 ($21.57) price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of Pearson plc from GBX 1,022 ($16.96) to GBX 1,160 ($19.25) in a research note on Monday, July 28th. They now have a “hold” rating on the stock. Six investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 1,132.15 ($18.79).
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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