Pearson plc (PSON) Receives GBX 703 Average Target Price from Analysts
Pearson plc (LON:PSON) has been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 728.70 ($9.52).
A number of research analysts recently issued reports on PSON shares. Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 825 ($10.78) price target on shares of Pearson in a report on Tuesday, June 26th. Kepler Capital Markets lifted their price target on Pearson from GBX 725 ($9.47) to GBX 865 ($11.30) and gave the company a “hold” rating in a report on Tuesday, July 3rd. Barclays reaffirmed an “underweight” rating on shares of Pearson in a report on Friday, July 6th. Deutsche Bank lifted their price target on Pearson from GBX 525 ($6.86) to GBX 575 ($7.51) and gave the company a “sell” rating in a report on Thursday, July 12th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Pearson in a report on Monday, July 23rd.
Shares of Pearson stock traded up GBX 7.80 ($0.10) during midday trading on Monday, hitting GBX 874.80 ($11.43). The company had a trading volume of 4,057,219 shares, compared to its average volume of 4,520,000. Pearson has a 1-year low of GBX 563 ($7.36) and a 1-year high of GBX 775.80 ($10.14).
Pearson Company Profile
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
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