Pearson (PSON) Receives Sell Rating from Deutsche Bank

Deutsche Bank reissued their sell rating on shares of Pearson (LON:PSON) in a research note published on Monday. The brokerage currently has a GBX 500 ($6.73) price target on the stock.

PSON has been the subject of a number of other research reports. Societe Generale reaffirmed a buy rating and issued a GBX 960 ($12.92) price objective on shares of Pearson in a research note on Wednesday, October 18th. Liberum Capital reaffirmed a sell rating and issued a GBX 330 ($4.44) price objective on shares of Pearson in a research note on Monday, November 20th. J P Morgan Chase & Co reaffirmed a neutral rating and issued a GBX 629 ($8.47) price objective on shares of Pearson in a research note on Monday, September 4th. Kepler Capital Markets reaffirmed a hold rating and issued a GBX 725 ($9.76) price objective on shares of Pearson in a research note on Monday, November 20th. Finally, Credit Suisse Group cut their price objective on shares of Pearson from GBX 730 ($9.83) to GBX 690 ($9.29) and set a neutral rating for the company in a research note on Tuesday, August 8th. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 673.71 ($9.07).

Shares of Pearson (LON PSON) traded up GBX 1 ($0.01) during trading on Monday, hitting GBX 715.50 ($9.63). 4,180,317 shares of the stock were exchanged, compared to its average volume of 3,730,000. Pearson has a 12 month low of GBX 552 ($7.43) and a 12 month high of GBX 832.50 ($11.20).

In related news, insider Tim Score acquired 2,610 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was acquired at an average cost of GBX 604 ($8.13) per share, for a total transaction of £15,764.40 ($21,217.23).

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Pearson 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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