Pearson plc (PSON) Stock Rating Reaffirmed by Goldman Sachs Group, Inc. (The)

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.

ILLEGAL ACTIVITY NOTICE: “Pearson plc (PSON) Stock Rating Reaffirmed by Goldman Sachs Group, Inc. (The)” was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://www.chaffeybreeze.com/2017/09/20/pearson-plc-pson-stock-rating-reaffirmed-by-goldman-sachs-group-inc-the.html.

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.

Analyst Recommendations for Pearson plc (LON:PSON)

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

Latest News

Leave a Reply