Pearson plc (LON:PSON)‘s stock had its “hold” rating reissued by analysts at Shore Capital in a research note issued to investors on Wednesday.
A number of other research firms also recently commented on PSON. Goldman Sachs Group, Inc. (The) cut their target price on shares of Pearson plc from GBX 519 ($6.82) to GBX 495 ($6.51) and set a “sell” rating for the company in a research report on Monday, June 19th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 360 ($4.73) target price on shares of Pearson plc in a research report on Thursday, June 29th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 705 ($9.27) target price on shares of Pearson plc in a research report on Friday, July 7th. Numis Securities Ltd reaffirmed a “sell” rating and issued a GBX 490 ($6.44) target price 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 equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 678.67 ($8.92).
Shares of Pearson plc (PSON) opened at 617.00 on Wednesday. Pearson plc has a 52-week low of GBX 552.00 and a 52-week high of GBX 838.00. The stock’s market cap is GBX 5.03 billion. The firm’s 50 day moving average price is GBX 600.10 and its 200 day moving average price is GBX 651.78.
COPYRIGHT VIOLATION NOTICE: This piece was first posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of US & international copyright and trademark legislation. The correct version of this piece can be read at https://www.com-unik.info/2017/10/11/pearson-plc-pson-earns-hold-rating-from-shore-capital.html.
In other news, insider Tim Score bought 2,610 shares of the stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average price of GBX 604 ($7.94) per share, for a total transaction of £15,764.40 ($20,726.27).
About Pearson plc
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.
What are top analysts saying about Pearson plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pearson plc and related companies.