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.
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.
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