Several other research firms have also recently issued reports on PSON. Barclays PLC increased their price target on Pearson plc from GBX 825 ($10.05) to GBX 920 ($11.21) and gave the stock an equal weight rating in a research note on Monday, July 4th. Numis Securities Ltd cut Pearson plc to a sell rating and set a GBX 710 ($8.65) price target for the company. in a research note on Friday, July 29th. Shore Capital reissued a hold rating on shares of Pearson plc in a research note on Friday, July 29th. Liberum Capital reissued a sell rating and issued a GBX 435 ($5.30) price target on shares of Pearson plc in a research note on Thursday, July 14th. Finally, Morgan Stanley raised Pearson plc to an overweight rating and increased their price target for the stock from GBX 925 ($11.27) to GBX 1,050 ($12.80) in a research note on Tuesday, July 12th. Seven analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 910.62 ($11.10).
Pearson plc (LON:PSON) opened at 732.5985 on Wednesday. The firm’s market cap is GBX 5.97 billion. The company has a 50-day moving average of GBX 800.40 and a 200 day moving average of GBX 851.38. Pearson plc has a 52 week low of GBX 644.50 and a 52 week high of GBX 1,196.28.
In related news, insider Vivienne Cox acquired 289 shares of the stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of GBX 737 ($8.98) per share, with a total value of £2,129.93 ($2,595.89). Also, insider Melinda Wolfe sold 25,746 shares of the stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of GBX 759 ($9.25), for a total value of £195,412.14 ($238,162.27).
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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