Shore Capital Reiterates Hold Rating for Pearson (PSON)

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Pearson (LON:PSON)‘s stock had its “hold” rating reissued by stock analysts at Shore Capital in a research report issued on Tuesday.

A number of other equities analysts have also recently commented on PSON. Liberum Capital reiterated a “sell” rating and set a GBX 450 ($5.88) price target on shares of Pearson in a report on Tuesday, October 16th. JPMorgan Chase & Co. reduced their price target on Pearson from GBX 900 ($11.76) to GBX 890 ($11.63) and set a “neutral” rating for the company in a report on Wednesday, October 17th. Numis Securities reiterated a “sell” rating and set a GBX 559 ($7.30) price target on shares of Pearson in a report on Wednesday, October 17th. Deutsche Bank boosted their price objective on Pearson from GBX 575 ($7.51) to GBX 590 ($7.71) and gave the stock a “sell” rating in a report on Thursday, October 18th. Finally, Berenberg Bank restated a “sell” rating on shares of Pearson in a report on Thursday, October 18th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 756 ($9.88).

Pearson stock opened at GBX 929 ($12.14) on Tuesday. Pearson has a 52 week low of GBX 563 ($7.36) and a 52 week high of GBX 775.80 ($10.14).

Pearson Company Profile

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.

Further Reading: What are retained earnings?

Analyst Recommendations for Pearson (LON:PSON)

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