Several other research analysts also recently issued reports on PSON. Goldman Sachs Group, Inc. (The) reduced their price objective on Pearson plc from GBX 519 ($6.90) to GBX 495 ($6.58) and set a sell rating on the stock in a report on Monday, June 19th. Barclays PLC reaffirmed an equal weight rating and set a GBX 705 ($9.37) price objective on shares of Pearson plc in a report on Friday, July 7th. Shore Capital reaffirmed a hold rating on shares of Pearson plc in a report on Tuesday, July 11th. Numis Securities Ltd reaffirmed a sell rating and set a GBX 490 ($6.51) price objective on shares of Pearson plc in a report on Tuesday, July 11th. Finally, Investec reaffirmed a hold rating on shares of Pearson plc in a report on Tuesday, July 11th. Six research 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 presently has an average rating of Hold and a consensus target price of GBX 671.94 ($8.93).
Pearson plc (LON:PSON) traded up 0.51% on Tuesday, reaching GBX 694.50. The company had a trading volume of 4,119,466 shares. The stock’s market cap is GBX 5.66 billion. The company has a 50-day moving average of GBX 606.43 and a 200 day moving average of GBX 651.33. Pearson plc has a one year low of GBX 552.00 and a one year high of GBX 832.50.
In other Pearson plc news, insider Tim Score purchased 2,610 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was bought at an average cost of GBX 604 ($8.03) per share, for a total transaction of £15,764.40 ($20,946.59).
About Pearson plc
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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