Pearson PLC (LON:PSON) Rating Reaffirmed
In analysts note issued to investors and clients this morning, Nomura has decided to restate their Neutral rating on Pearson PLC (LON:PSON) shares. The price target provides a possible upside of 15.57% from company’s last price.
From a total of 21 analysts covering Pearson PLC (LON:PSON) stock, 9 rate it a ”Buy”, 5 a “Sell”, and 10 a ”Hold”. This means that 38% of the ratings are positive. The highest target price is GBX 1500 while the lowest target price is GBX 640. The mean of all analyst targets is GBX 1070.29 with a 29.24% above today’s (GBX 824.22) stock price. Pearson PLC was the topic of 79 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Neutral” rating. Bernstein maintained shares with “Outperform” rating and GBX 1200 target share price in a report from a November 20. Natixis maintained PSON stock in a recent report from November 25 with “Buy” rating. BNP Paribas maintained the rating on November 17. BNP Paribas has a “Neutral” rating and a GBX 1000 price target on shares. Finally, Berenberg maintained the stock with “Sell” rating in a report issued on a November 24.
The stock increased 0.15% or GBX 1.22 on December 2, striking GBX 824.22. Approximately shares of stock traded hands. Pearson plc (LON:PSON) has declined 36.15% since May 6, 2015 and is downtrending. It has underperformed by 35.86% the S&P500.
Pearson plc is an international education and media company. The company has a market cap of 6.76 billion GBP. The Firm has activities in the education, business information and consumer publishing markets. It has 35.33 P/E ratio. The Firm creates and manages intellectual property, which it promotes and sells to its clients under brand names, to inform, educate and entertain.