Liberum Capital restated their sell rating on shares of Pearson plc (LON:PSON) in a research note released on Tuesday morning. Liberum Capital currently has a GBX 330 ($4.35) price objective on the stock.
Other equities analysts also recently issued reports about the stock. Numis Securities Ltd reiterated a sell rating and set a GBX 490 ($6.47) price target on shares of Pearson plc in a report on Friday, August 4th. Jefferies Group LLC cut their price target on shares of Pearson plc from GBX 540 ($7.13) to GBX 511 ($6.74) and set an underperform rating on the stock in a report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 495 ($6.53) price target on shares of Pearson plc in a report on Thursday, July 13th. Credit Suisse Group cut their price target on shares of Pearson plc from GBX 785 ($10.36) to GBX 730 ($9.63) and set a neutral rating on the stock in a report on Wednesday, July 12th. Finally, Shore Capital reiterated a hold rating on shares of Pearson plc in a report on Tuesday, July 11th. Six analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company’s stock. Pearson plc has an average rating of Hold and a consensus target price of GBX 673.71 ($8.89).
Pearson plc (LON:PSON) traded down GBX 10.50 ($0.14) during midday trading on Tuesday, hitting GBX 693.50 ($9.15). 3,522,779 shares of the company’s stock were exchanged.
In other Pearson plc news, insider Tim Score purchased 2,610 shares of the stock in a transaction dated Friday, September 29th. The stock was purchased at an average price of GBX 604 ($7.97) per share, with a total value of £15,764.40 ($20,802.85).
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.
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