Pearson (LON:PSON) Rating Reaffirmed
London: In a very recent research note sent to investors and clients on Friday, 18 December, Liberum kept steady their Sell rating on Pearson (LON:PSON) shares. They now have a GBX 640 target on the firm. Liberum’s target may imply a potential downside of -14.55% from the company’s previous close.
From a total of 20 analysts covering Pearson PLC (LON:PSON) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 1015.6 with a 37.49% above today’s (GBX 744.5) stock price. Pearson PLC was the topic of 88 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 17 with “Equal Weight” rating. Deutsche Bank maintained shares with “Sell” rating and GBX 770 target share price in a report from a December 9. BNP Paribas upgraded PSON stock in a recent report from December 16 to “Outperform” rating. Kepler Cheuvreux maintained the rating on December 8. Kepler Cheuvreux has a “Buy” rating and a GBX 975 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a December 9.
Approximately 807,121 shares of stock traded hands. Pearson plc (LON:PSON) has declined 44.00% since May 21, 2015 and is downtrending. It has underperformed by 40.19% the S&P500.
Pearson plc is an international education and media company. The company has a market cap of 6.05 billion GBP. The Firm has activities in the education, business information and consumer publishing markets. It has 31.91 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.