Pearson plc’s (LON:PSON) Sell Rating Reiterated at Deutsche Bank AG

Deutsche Bank AG reissued their sell rating on shares of Pearson plc (LON:PSON) in a research note released on Wednesday, October 18th. The brokerage currently has a GBX 470 ($6.18) price target on the stock.

Other research analysts also recently issued research reports about the stock. Numis Securities Ltd reiterated a sell rating and issued a GBX 490 ($6.44) price objective on shares of Pearson plc in a research report on Friday, August 4th. Goldman Sachs Group, Inc. (The) reiterated a sell rating and issued a GBX 495 ($6.51) price objective on shares of Pearson plc in a research report on Thursday, July 13th. Credit Suisse Group decreased their price objective on shares of Pearson plc from GBX 785 ($10.32) to GBX 730 ($9.60) and set a neutral rating for the company in a research report on Wednesday, July 12th. Jefferies Group LLC decreased their price objective on shares of Pearson plc from GBX 540 ($7.10) to GBX 511 ($6.72) and set an underperform rating for the company in a research report on Wednesday, July 12th. Finally, Berenberg Bank decreased their price objective on shares of Pearson plc from GBX 605 ($7.96) to GBX 490 ($6.44) and set a sell rating for the company in a research report on Monday, July 17th. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of GBX 673.71 ($8.86).

Pearson plc (PSON) traded up GBX 3.50 ($0.05) during trading hours on Wednesday, reaching GBX 697 ($9.17). 3,697,974 shares of the company’s stock traded hands.

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In other Pearson plc news, insider Tim Score bought 2,610 shares of Pearson plc stock in a transaction on Friday, September 29th. The shares were bought at an average cost of GBX 604 ($7.94) per share, for a total transaction of £15,764.40 ($20,734.45).

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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