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

Pearson plc (LON:PSON) had its price objective reduced by investment analysts at Credit Suisse Group from GBX 785 ($10.17) to GBX 730 ($9.46) in a research report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 11.45% from the company’s current price.

Other analysts have also issued research reports about the stock. Citigroup Inc. reiterated a “buy” rating on shares of Pearson plc in a research note on Monday, May 15th. Barclays PLC upped their price objective on shares of Pearson plc from GBX 625 ($8.10) to GBX 705 ($9.13) and gave the company an “equal weight” rating in a report on Wednesday, May 3rd. Kepler Capital Markets cut Pearson plc to a “hold” rating and set a GBX 725 ($9.39) price target on the stock. in a research report on Thursday, May 11th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 600 ($7.77) price target on shares of Pearson plc in a research report on Monday, May 8th. Finally, Investec reiterated a “hold” rating on shares of Pearson plc in a research report on Tuesday. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. Pearson plc presently has a consensus rating of “Hold” and an average price target of GBX 692.76 ($8.97).

Shares of Pearson plc (LON:PSON) opened at 622.00 on Wednesday. The firm has a 50-day moving average of GBX 704.85 and a 200-day moving average of GBX 695.70. Pearson plc has a 52 week low of GBX 552.00 and a 52 week high of GBX 985.00. The firm’s market cap is GBX 5.07 billion.

ILLEGAL ACTIVITY NOTICE: This story was posted by BBNS and is owned by of BBNS. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The correct version of this story can be viewed at https://baseballnewssource.com/markets/credit-suisse-group-trims-pearson-plc-lonpson-target-price-to-gbx-730/1180167.html.

In other Pearson plc news, insider Lincoln Wallen purchased 117 shares of the company’s stock in a transaction that occurred on Friday, May 12th. The stock was bought at an average price of GBX 711 ($9.21) per share, with a total value of £831.87 ($1,077.55). Also, insider Sidney Taurel purchased 2,100 shares of the company’s stock in a transaction that occurred on Friday, May 5th. The stock was acquired at an average cost of GBX 726 ($9.40) per share, with a total value of £15,246 ($19,748.70). Insiders purchased 2,798 shares of company stock valued at $2,012,744 in the last ninety days.

Pearson plc Company Profile

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)

Receive News & Ratings for Pearson plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson plc and related companies with our FREE daily email newsletter.

 


Latest News

All-Star Game Results No Longer Have October Importance
All-Star Game Results No Longer Have October Importance
Michael Jordan and Derek Jeter May Buy Miami Marlins
Michael Jordan and Derek Jeter May Buy Miami Marlins
First Half Favorites for MLB Awards
First Half Favorites for MLB Awards
Houston’s George Springer Proving He Has What it Takes
Houston’s George Springer Proving He Has What it Takes
Aaron Judge Passes Yankees Legend Joe DiMaggio for Rookie Home Runs
Aaron Judge Passes Yankees Legend Joe DiMaggio for Rookie Home Runs
Legends from Latin American Will Be Honored by MLB
Legends from Latin American Will Be Honored by MLB


Leave a Reply

 
© 2006-2017 BBNS.