Pearson (LON:PSON) Rating Reaffirmed
London: In recent note made public on 4 December, Natixis has decided to restate their Buy rating on Pearson (LON:PSON) shares. They now have a GBX 1400 target on the company. Natixis’s target would suggest a potential upside of 75.99% from the company’s last stock close.
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 1065.52 with a 34.98% above today’s (GBX 789.76) stock price. Pearson PLC was the topic of 80 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Berenberg maintained shares with “Sell” rating and GBX 730 target share price in a report from a November 24. Liberum Capital maintained PSON stock in a recent report from December 2 with “Sell” rating. Bernstein maintained the rating on November 20. Bernstein has a “Outperform” rating and a GBX 1200 price target on shares. Finally, Morgan Stanley maintained the stock with “Equal Weight” rating in a report issued on a November 24.
Approximately 466,104 shares of stock traded hands. Pearson plc (LON:PSON) has declined 38.77% since May 7, 2015 and is downtrending. It has underperformed by 35.99% the S&P500.
Pearson plc is an international education and media company. The company has a market cap of 6.43 billion GBP. The Firm has activities in the education, business information and consumer publishing markets. It has 33.85 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.