BNP Paribas Reaffirms Underperform Rating for Pearson plc (LON:PSON)

BNP Paribas restated their underperform rating on shares of Pearson plc (LON:PSON) in a research report report published on Wednesday, July 12th. BNP Paribas currently has a GBX 600 ($7.81) price objective on the stock.

Other equities research analysts have also issued research reports about the stock. Citigroup Inc. reaffirmed a buy rating on shares of Pearson plc in a research note on Monday, May 15th. Barclays PLC lifted their price objective on shares of Pearson plc from GBX 625 ($8.14) to GBX 705 ($9.18) and gave the company an equal weight rating in a research note on Tuesday, May 9th. Deutsche Bank AG reissued a hold rating and set a GBX 600 ($7.81) target price on shares of Pearson plc in a research report on Monday, May 8th. Kepler Capital Markets lowered shares of Pearson plc to a hold rating and set a GBX 725 ($9.44) target price for the company. in a research report on Thursday, May 11th. Finally, Investec reissued a hold rating on shares of Pearson plc in a research note on Tuesday, July 11th. Six equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. Pearson plc currently has an average rating of Hold and a consensus target price of GBX 695.39 ($9.06).

Shares of Pearson plc (LON PSON) traded down 0.40% during mid-day trading on Wednesday, reaching GBX 628.00. The company had a trading volume of 3,796,389 shares. The stock’s market capitalization is GBX 5.11 billion. Pearson plc has a 52-week low of GBX 552.00 and a 52-week high of GBX 899.50. The company’s 50-day moving average is GBX 668.00 and its 200 day moving average is GBX 666.60.

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In related news, insider Lincoln Wallen bought 581 shares of Pearson plc stock in a transaction dated Friday, June 30th. The shares were bought at an average cost of GBX 697 ($9.08) per share, for a total transaction of £4,049.57 ($5,273.56).

About Pearson plc

Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.

Analyst Recommendations for Pearson plc (LON:PSON)

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