Pearson plc (PSON) Stock Rating Reaffirmed by Liberum Capital
Pearson plc (LON:PSON)‘s stock had its “sell” rating reaffirmed by research analysts at Liberum Capital in a report issued on Thursday. They currently have a GBX 330 ($4.26) target price on the stock. Liberum Capital’s price target would indicate a potential downside of 41.95% from the company’s previous close.
A number of other research firms have also recently issued reports on PSON. Goldman Sachs Group, Inc. (The) cut their price objective on Pearson plc from GBX 519 ($6.70) to GBX 495 ($6.39) and set a “sell” rating for the company in a research report on Monday, June 19th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 705 ($9.10) price objective on shares of Pearson plc in a research report on Friday, July 7th. Shore Capital reaffirmed a “hold” rating on shares of Pearson plc in a research report on Tuesday, July 11th. Numis Securities Ltd reaffirmed a “sell” rating and issued a GBX 490 ($6.33) price objective on shares of Pearson plc in a research report on Tuesday, July 11th. Finally, Investec reaffirmed a “hold” rating on shares of Pearson plc in a research report on Tuesday, July 11th. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 680.33 ($8.79).
Shares of Pearson plc (LON:PSON) opened at 568.50 on Thursday. The company has a 50-day moving average price of GBX 617.93 and a 200 day moving average price of GBX 659.79. The firm’s market capitalization is GBX 4.63 billion. Pearson plc has a 12-month low of GBX 552.00 and a 12-month high of GBX 838.00.
TRADEMARK VIOLATION NOTICE: “Pearson plc (PSON) Stock Rating Reaffirmed by Liberum Capital” was published by American Banking News and is the property of of American Banking News. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/09/17/pearson-plc-pson-stock-rating-reaffirmed-by-liberum-capital.html.
In other news, insider Lincoln Wallen bought 581 shares of the stock in a transaction dated Friday, June 30th. The shares were bought at an average price of GBX 697 ($9.00) per share, for a total transaction of £4,049.57 ($5,229.98).
Pearson plc Company Profile
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
Receive News & Ratings for Pearson plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson plc and related companies with MarketBeat.com's FREE daily email newsletter.