Pearson plc Stock Rating Reaffirmed by Credit Suisse (PSON)
Pearson plc (LON:PSON)‘s stock had its “outperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,260 ($20.91) price target on the stock. Credit Suisse’s price objective points to a potential upside of 13.72% from the company’s current price.
Pearson plc (LON:PSON) remained flat at GBX 1108.00 during during mid-day trading trading on Wednesday. 876,806 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 has a 50-day moving average of GBX 1120. and a 200-day moving average of GBX 1098.68. The company’s market cap is £8.973 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue upgraded shares of Pearson plc to a “buy” rating in a research note on Tuesday. They now have a GBX 1,363 ($22.62) price target on the stock. Separately, 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. Finally, 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. Six research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price 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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