Pearson (LON:PSON) had its price target upped by Deutsche Bank from GBX 590 ($7.71) to GBX 630 ($8.23) in a research note released on Tuesday. The firm currently has a sell rating on the stock.
Other research analysts also recently issued research reports about the company. Shore Capital upgraded Pearson to a buy rating in a research note on Wednesday, October 17th. JPMorgan Chase & Co. cut their target price on Pearson from GBX 900 ($11.76) to GBX 890 ($11.63) and set a neutral rating for the company in a research note on Wednesday, October 17th. Liberum Capital restated a sell rating and issued a GBX 450 ($5.88) target price on shares of Pearson in a research note on Tuesday, October 16th. Berenberg Bank restated a sell rating and issued a GBX 550 ($7.19) target price on shares of Pearson in a research note on Monday, September 10th. Finally, Numis Securities restated a sell rating and issued a GBX 559 ($7.30) target price on shares of Pearson in a research note on Wednesday, October 17th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company’s stock. Pearson has a consensus rating of Hold and an average target price of GBX 742.23 ($9.70).
Shares of LON PSON opened at GBX 912.20 ($11.92) on Tuesday. Pearson has a 52 week low of GBX 563 ($7.36) and a 52 week high of GBX 775.80 ($10.14).
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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