Pearson PLC (LON:PSON) Rating Reaffirmed
The firm has just set a price target of GBX 770.00 on Pearson PLC (LON:PSON) shares. This is 0.79% from the current price. In a comprehensive report revealed to investors on 9 December, Deutsche Bank kept steady their “Sell” rating on shares of PSON.
From a total of 20 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 1058.1 with a 36.38% above today’s (GBX 764) stock price. Pearson PLC was the topic of 83 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 9 with “Sell” rating. Liberum Capital maintained shares with “Sell” rating and GBX 640 target share price in a report from a December 2. Natixis maintained PSON stock in a recent report from December 4 with “Buy” rating. Berenberg maintained the rating on November 24. Berenberg has a “Sell” rating and a GBX 730 price target on shares. Finally, Nomura maintained the stock with “Neutral” rating in a report issued on a December 3.
The stock closed the day at GBX 764 during the previous session. It is down 41.28% since May 12, 2015 and is downtrending. It has underperformed by 40.48% the S&P500.
Pearson plc is an international education and media company. The company has a market cap of 6.39 billion GBP. The Firm has activities in the education, business information and consumer publishing markets. It has 32.74 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.