Shore Capital Reiterates Hold Rating for Pearson (PSON)

Pearson (LON:PSON)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital in a research note issued to investors on Tuesday.

PSON has been the topic of several other research reports. Barclays raised their price objective on Pearson from GBX 785 ($10.26) to GBX 865 ($11.30) and gave the stock an “underweight” rating in a research note on Monday, January 14th. JPMorgan Chase & Co. dropped their price objective on Pearson from GBX 890 ($11.63) to GBX 850 ($11.11) and set a “neutral” rating on the stock in a research note on Thursday, January 17th. Berenberg Bank raised their price objective on Pearson from GBX 550 ($7.19) to GBX 600 ($7.84) and gave the stock a “sell” rating in a research note on Thursday, January 17th. Deutsche Bank reaffirmed a “sell” rating on shares of Pearson in a research note on Thursday, November 15th. Finally, Liberum Capital reaffirmed a “sell” rating and set a GBX 550 ($7.19) price objective (up previously from GBX 450 ($5.88)) on shares of Pearson in a research note on Tuesday, January 15th. Seven research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. Pearson currently has a consensus rating of “Hold” and an average target price of GBX 756 ($9.88).

Shares of Pearson stock opened at GBX 929 ($12.14) on Tuesday. Pearson has a 12 month low of GBX 563 ($7.36) and a 12 month high of GBX 775.80 ($10.14).

About Pearson

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.

Further Reading: How to invest in a bear market

Analyst Recommendations for Pearson (LON:PSON)

Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit