Pearson plc (PSON) Given New GBX 541 Price Target at Jefferies Group LLC

Pearson plc (LON:PSON) had its target price hoisted by analysts at Jefferies Group LLC from GBX 523 ($6.90) to GBX 541 ($7.14) in a research note issued to investors on Wednesday, October 18th. The firm presently has an “underperform” rating on the stock. Jefferies Group LLC’s price target suggests a potential downside of 24.39% from the stock’s current price.

Several other brokerages also recently weighed in on PSON. Berenberg Bank restated a “sell” rating and issued a GBX 490 ($6.47) target price on shares of Pearson plc in a research note on Tuesday, August 22nd. Credit Suisse Group lowered their target price on shares of Pearson plc from GBX 785 ($10.36) to GBX 730 ($9.63) and set a “neutral” rating for the company in a research note on Wednesday, July 12th. Liberum Capital restated a “sell” rating and issued a GBX 330 ($4.35) target price on shares of Pearson plc in a research note on Thursday, September 14th. Goldman Sachs Group, Inc. (The) restated a “sell” rating and issued a GBX 495 ($6.53) target price on shares of Pearson plc in a research note on Thursday, July 13th. Finally, Shore Capital restated a “hold” rating on shares of Pearson plc in a research note on Tuesday, July 11th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 673.71 ($8.89).

Shares of Pearson plc (LON PSON) opened at 715.50 on Wednesday. Pearson plc has a 52 week low of GBX 552.00 and a 52 week high of GBX 832.50. The stock has a 50 day moving average price of GBX 623.24 and a 200 day moving average price of GBX 653.14. The stock’s market capitalization is GBX 5.83 billion.

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In other news, insider Tim Score acquired 2,610 shares of the business’s stock in a transaction on Friday, September 29th. The stock was bought at an average price of GBX 604 ($7.97) per share, with a total value of £15,764.40 ($20,802.85).

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.

Analyst Recommendations for Pearson plc (LON:PSON)

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