Pearson plc (LON:PSON) Price Target Lowered to GBX 730 at Credit Suisse Group

Pearson plc (LON:PSON) had its price target reduced by Credit Suisse Group from GBX 785 ($10.35) to GBX 730 ($9.63) in a research report sent to investors on Wednesday, July 12th. They currently have a neutral rating on the stock.

A number of other equities analysts have also recently weighed in on the stock. Citigroup Inc. reaffirmed a buy rating on shares of Pearson plc in a research report on Monday, May 15th. Barclays PLC increased their price objective on shares of Pearson plc from GBX 625 ($8.24) to GBX 705 ($9.30) and gave the stock an equal weight rating in a research report on Wednesday, May 3rd. Kepler Capital Markets cut shares of Pearson plc to a hold rating and set a GBX 725 ($9.56) price objective for the company. in a research report on Thursday, May 11th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 600 ($7.91) price objective on shares of Pearson plc in a research report on Monday, May 8th. Finally, Shore Capital reaffirmed a hold rating on shares of Pearson plc in a research report on Tuesday, July 11th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 700.39 ($9.24).

Shares of Pearson plc (LON PSON) traded down 2.02% on Wednesday, hitting GBX 655.50. The company had a trading volume of 4,288,508 shares. The firm’s 50 day moving average price is GBX 675.65 and its 200-day moving average price is GBX 668.00. Pearson plc has a 52 week low of GBX 552.00 and a 52 week high of GBX 899.50. The stock’s market capitalization is GBX 5.34 billion.

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In other Pearson plc news, insider Lincoln Wallen acquired 581 shares of the stock in a transaction on Friday, June 30th. The shares were bought at an average cost of GBX 697 ($9.19) per share, with a total value of £4,049.57 ($5,341.74).

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.

Analyst Recommendations for Pearson plc (LON:PSON)

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