Pearson (PSON) Rating Reiterated by Deutsche Bank

Pearson (LON:PSON)‘s stock had its “sell” rating reaffirmed by stock analysts at Deutsche Bank in a research note issued to investors on Monday. They currently have a GBX 500 ($6.73) price target on the stock. Deutsche Bank’s price target would indicate a potential downside of 30.12% from the stock’s current price.

Other research analysts also recently issued reports about the company. Societe Generale restated a “buy” rating and set a GBX 960 ($12.92) target price on shares of Pearson in a research note on Wednesday, October 18th. Barclays restated an “equal weight” rating and set a GBX 655 ($8.82) target price on shares of Pearson in a research note on Monday, August 7th. Shore Capital restated a “hold” rating on shares of Pearson in a research note on Wednesday, October 11th. Kepler Capital Markets restated a “hold” rating and set a GBX 725 ($9.76) target price on shares of Pearson in a research note on Monday, November 20th. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 629 ($8.47) target price on shares of Pearson in a research note on Monday, September 4th. Six analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 673.71 ($9.07).

Pearson (LON:PSON) opened at GBX 715.50 ($9.63) on Monday. Pearson has a one year low of GBX 552 ($7.43) and a one year high of GBX 832.50 ($11.20).

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

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About Pearson

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 (LON:PSON)

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