Pearson plc (PSON) Rating Reiterated by Kepler Capital Markets
Pearson plc (LON:PSON)‘s stock had its “buy” rating reissued by investment analysts at Kepler Capital Markets in a research report issued to clients and investors on Tuesday. They presently have a GBX 975 ($11.88) price objective on the stock. Kepler Capital Markets’ target price points to a potential upside of 27.87% from the stock’s previous close.
Other research analysts have also recently issued reports about the stock. Societe Generale reiterated a “buy” rating and set a GBX 965 ($11.76) target price on shares of Pearson plc in a report on Wednesday, June 22nd. Beaufort Securities reiterated a “buy” rating on shares of Pearson plc in a report on Monday, August 1st. Jefferies Group reiterated a “buy” rating and set a GBX 880 ($10.73) target price on shares of Pearson plc in a report on Tuesday, October 11th. Panmure Gordon reiterated a “buy” rating and set a GBX 870 ($10.60) target price on shares of Pearson plc in a report on Friday. Finally, Barclays PLC increased their target price on shares of Pearson plc from GBX 815 ($9.93) to GBX 825 ($10.05) and gave the stock an “equal weight” rating in a report on Wednesday, June 22nd. Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. Pearson plc presently has an average rating of “Hold” and a consensus target price of GBX 910.62 ($11.10).
Shares of Pearson plc (LON:PSON) opened at 762.50 on Tuesday. The stock has a 50 day moving average of GBX 800.40 and a 200-day moving average of GBX 851.38. Pearson plc has a 52 week low of GBX 644.50 and a 52 week high of GBX 1,196.28. The company’s market capitalization is GBX 6.21 billion.
In other news, insider Vivienne Cox acquired 289 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 737 ($8.98) per share, with a total value of £2,129.93 ($2,595.89). Also, insider Melinda Wolfe sold 25,746 shares of the firm’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of GBX 759 ($9.25), for a total transaction of £195,412.14 ($238,162.27).
About Pearson plc
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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