Pearson plc (LON:PSON) had its price objective decreased by Barclays PLC from GBX 750 ($9.14) to GBX 740 ($9.02) in a research note released on Tuesday. Barclays PLC currently has an equal weight rating on the stock.
Other analysts also recently issued reports about the company. Societe Generale reiterated a buy rating and set a GBX 965 ($11.76) target price on shares of Pearson plc in a research report on Wednesday, June 22nd. Kepler Capital Markets reiterated a buy rating and set a GBX 975 ($11.88) target price on shares of Pearson plc in a research report on Wednesday, July 27th. Beaufort Securities reiterated a buy rating on shares of Pearson plc in a research report on Monday, August 1st. Jefferies Group reiterated a buy rating and set a GBX 880 ($10.73) target price on shares of Pearson plc in a research report on Tuesday, October 11th. Finally, Panmure Gordon reiterated a buy rating and set a GBX 870 ($10.60) target price on shares of Pearson plc in a research report on Friday, October 14th. Seven equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company’s stock. Pearson plc presently has a consensus rating of Hold and a consensus target price of GBX 905.05 ($11.03).
Pearson plc (LON:PSON) opened at 754.50 on Tuesday. Pearson plc has a 12-month low of GBX 644.50 and a 12-month high of GBX 1,193.00. The company has a 50-day moving average price of GBX 800.66 and a 200 day moving average price of GBX 850.57. The company’s market cap is GBX 6.15 billion.
In other Pearson plc news, insider Melinda Wolfe sold 25,746 shares of the stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of GBX 759 ($9.25), for a total value of £195,412.14 ($238,162.27). Also, insider Vivienne Cox purchased 289 shares of the business’s stock in a transaction on Friday, September 30th. The stock was purchased at an average price of GBX 737 ($8.98) per share, for a total transaction of £2,129.93 ($2,595.89).
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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