Other analysts have also issued reports about the stock. Barclays reduced their price objective on shares of Pearson from GBX 800 ($10.45) to GBX 785 ($10.26) and set an underweight rating for the company in a research note on Thursday, October 18th. Berenberg Bank restated a sell rating on shares of Pearson in a research note on Thursday, October 18th. Shore Capital restated a hold rating on shares of Pearson in a research note on Tuesday, October 9th. Deutsche Bank restated a sell rating on shares of Pearson in a research note on Monday, July 30th. Finally, Numis Securities restated a sell rating and set a GBX 559 ($7.30) price objective on shares of Pearson in a research note on Friday, July 27th. Seven research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 739.15 ($9.66).
LON:PSON traded up GBX 3.80 ($0.05) on Wednesday, reaching GBX 921.80 ($12.04). 4,734,696 shares of the stock traded hands, compared to its average volume of 4,520,000. Pearson has a 12 month low of GBX 563 ($7.36) and a 12 month 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.
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