Shares of Pearson plc (LON:PSON) were down 0% on Monday . The company traded as low as GBX 725.20 ($9.83) and last traded at GBX 727.80 ($9.87). Approximately 2,630,186 shares traded hands during trading, a decline of 14% from the average daily volume of 3,070,000 shares. The stock had previously closed at GBX 727.80 ($9.87).
A number of analysts have weighed in on PSON shares. Liberum Capital reissued a “sell” rating and set a GBX 330 ($4.48) price objective on shares of Pearson in a report on Thursday, September 14th. Credit Suisse Group reissued a “neutral” rating and set a GBX 690 ($9.36) price objective on shares of Pearson in a report on Thursday, September 14th. Deutsche Bank cut shares of Pearson to a “sell” rating and cut their price objective for the stock from GBX 600 ($8.14) to GBX 470 ($6.37) in a report on Wednesday, September 27th. Goldman Sachs Group reissued a “sell” rating and set a GBX 495 ($6.71) price objective on shares of Pearson in a report on Monday, September 18th. Finally, Jefferies Group raised their price objective on shares of Pearson from GBX 523 ($7.09) to GBX 541 ($7.34) and gave the stock an “underperform” rating in a report on Wednesday, October 18th. Six research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 670.56 ($9.09).
The company has a market cap of $5,860.00 and a PE ratio of -277.79.
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.
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