Liberum Capital reaffirmed their sell rating on shares of Pearson plc (LON:PSON) in a research note released on Wednesday. They currently have a GBX 470 ($5.73) price target on the stock.
A number of other analysts have also weighed in on the company. Macquarie reduced their target price on Pearson plc from GBX 1,025 ($12.49) to GBX 925 ($11.27) and set an outperform rating on the stock in a research note on Tuesday, October 18th. Goldman Sachs Group Inc. reiterated a sell rating and issued a GBX 865 ($10.54) target price on shares of Pearson plc in a research note on Tuesday, July 19th. Jefferies Group reiterated a buy rating and issued a GBX 880 ($10.73) target price on shares of Pearson plc in a research note on Tuesday, October 11th. Panmure Gordon reiterated a buy rating and issued a GBX 870 ($10.60) target price on shares of Pearson plc in a research note on Friday, October 14th. Finally, Deutsche Bank AG reiterated a sell rating and issued a GBX 770 ($9.38) target price on shares of Pearson plc in a research note on Wednesday, October 12th. Seven research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 897.43 ($10.94).
Pearson plc (LON:PSON) opened at 761.44 on Wednesday. The company’s market cap is GBX 6.21 billion. Pearson plc has a 52 week low of GBX 644.50 and a 52 week high of GBX 989.50. The company has a 50-day moving average of GBX 776.89 and a 200-day moving average of GBX 845.49.
In related news, insider John Fallon purchased 10,000 shares of Pearson plc stock in a transaction that occurred on Wednesday, October 19th. The stock was bought at an average cost of GBX 755 ($9.20) per share, for a total transaction of £75,500 ($92,017.06). Also, insider Melinda Wolfe sold 25,746 shares of Pearson plc stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of GBX 759 ($9.25), for a total value of £195,412.14 ($238,162.27).