Brokerages Set Pearson plc (PSON) Price Target at $776.75

Pearson plc (LON:PSON) has received an average rating of “Hold” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 714.33 ($9.33).

A number of equities research analysts recently issued reports on PSON shares. Berenberg Bank reissued a “sell” rating and set a GBX 550 ($7.19) price target on shares of Pearson in a research report on Monday, September 3rd. Barclays reduced their price target on Pearson from GBX 835 ($10.91) to GBX 800 ($10.45) and set an “underweight” rating on the stock in a research report on Friday, September 28th. Liberum Capital reissued a “sell” rating and set a GBX 450 ($5.88) price target on shares of Pearson in a research report on Tuesday, October 2nd. Deutsche Bank restated a “sell” rating on shares of Pearson in a research note on Tuesday, October 2nd. Finally, Shore Capital restated a “hold” rating on shares of Pearson in a research note on Tuesday, October 9th.

Shares of Pearson stock traded up GBX 4.80 ($0.06) on Tuesday, hitting GBX 924.80 ($12.08). The stock had a trading volume of 1,019,088 shares, compared to its average volume of 4,520,000. Pearson has a twelve month low of GBX 563 ($7.36) and a twelve month high of GBX 775.80 ($10.14).

About Pearson

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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