Credit Suisse Group AG reaffirmed their underperform rating on shares of Pearson plc (LON:PSON) in a research report sent to investors on Tuesday. Credit Suisse Group AG currently has a GBX 740 ($9.25) price target on the stock, down from their prior price target of GBX 840 ($10.49).
A number of other analysts also recently weighed in on PSON. Kepler Capital Markets restated a buy rating and issued a GBX 975 ($12.18) target price on shares of Pearson plc in a research report on Wednesday, July 27th. Numis Securities Ltd downgraded Pearson plc to a sell rating and set a GBX 710 ($8.87) target price for the company. in a research report on Friday, July 29th. Shore Capital reaffirmed a hold rating on shares of Pearson plc in a research note on Friday, July 29th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 920 ($11.49) price target on shares of Pearson plc in a research note on Monday, August 1st. Finally, Macquarie reaffirmed an outperform rating and issued a GBX 1,025 ($12.81) price target on shares of Pearson plc in a research note on Monday, August 1st. Seven analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of GBX 884.45 ($11.05).
Pearson plc (LON:PSON) opened at 789.2989 on Tuesday. The company has a 50 day moving average price of GBX 767.15 and a 200-day moving average price of GBX 836.60. Pearson plc has a one year low of GBX 644.50 and a one year high of GBX 989.50. The company’s market capitalization is GBX 6.43 billion.
In other news, insider Vivienne Cox acquired 289 shares of Pearson plc stock in a transaction that occurred on Friday, September 30th. The stock was bought at an average price of GBX 737 ($9.21) per share, for a total transaction of £2,129.93 ($2,661.08). Also, insider Melinda Wolfe sold 25,746 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of GBX 759 ($9.48), for a total value of £195,412.14 ($244,143.10).