Several other equities research analysts also recently weighed in on the stock. Goldman Sachs Group Inc. restated a sell rating and issued a GBX 865 ($10.54) target price on shares of Pearson plc in a research note on Tuesday, July 19th. Panmure Gordon restated a buy rating and issued a GBX 870 ($10.60) target price on shares of Pearson plc in a research note on Friday, October 14th. Jefferies Group restated a buy rating and issued a GBX 880 ($10.73) target price on shares of Pearson plc in a research note on Tuesday, October 11th. Deutsche Bank AG restated a sell rating and issued a GBX 770 ($9.38) target price on shares of Pearson plc in a research note on Wednesday, October 12th. Finally, Liberum Capital restated a sell rating and issued a GBX 470 ($5.73) target price on shares of Pearson plc in a research note on Monday, September 12th. Seven research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. The company has an average rating of Hold and an average target price of GBX 905.05 ($11.03).
Shares of Pearson plc (LON:PSON) opened at 754.50 on Tuesday. Pearson plc has a 1-year low of GBX 644.50 and a 1-year high of GBX 1,193.00. The stock’s market capitalization is GBX 6.15 billion. The stock has a 50 day moving average price of GBX 800.66 and a 200 day moving average price of GBX 850.57.
In other Pearson plc news, insider Melinda Wolfe sold 25,746 shares of the business’s 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). Also, insider Vivienne Cox bought 289 shares of the firm’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).
About Pearson plc
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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