Pearson plc (LON:PSON)‘s stock had its “sell” rating restated by Goldman Sachs Group, Inc. (The) in a research note issued on Monday. They currently have a GBX 495 ($6.67) price objective on the stock. Goldman Sachs Group, Inc. (The)’s price target suggests a potential downside of 13.23% from the company’s current price.
A number of other research analysts have also recently issued reports on PSON. Liberum Capital reiterated a “sell” rating and issued a GBX 360 ($4.85) target price on shares of Pearson plc in a research report on Tuesday, June 6th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 705 ($9.51) target price on shares of Pearson plc in a research report on Friday, July 7th. Shore Capital reissued a “hold” rating on shares of Pearson plc in a research note on Tuesday, July 11th. Numis Securities Ltd reissued a “sell” rating and set a GBX 490 ($6.61) price target on shares of Pearson plc in a research note on Tuesday, July 11th. Finally, Investec reissued a “hold” rating on shares of Pearson plc in a research note on Tuesday, July 11th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of GBX 680.33 ($9.17).
Pearson plc (PSON) opened at 580.00 on Monday. The firm’s 50-day moving average is GBX 613.05 and its 200-day moving average is GBX 658.10. Pearson plc has a 52-week low of GBX 552.00 and a 52-week high of GBX 838.00. The firm’s market capitalization is GBX 4.73 billion.
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In related news, insider Lincoln Wallen acquired 581 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The shares were bought at an average cost of GBX 697 ($9.40) per share, with a total value of £4,049.57 ($5,459.85).
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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