Pearson plc (PSON) Given Average Recommendation of “Hold” by Analysts
Pearson plc (LON:PSON) has been given a consensus recommendation of “Hold” by the nineteen ratings firms that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 672 ($9.11).
PSON has been the topic of a number of research analyst reports. Societe Generale reissued a “buy” rating and set a GBX 960 ($13.02) price objective on shares of Pearson in a research report on Wednesday, October 18th. Barclays reissued an “equal weight” rating and set a GBX 685 ($9.29) price objective on shares of Pearson in a research report on Thursday, October 19th. Shore Capital reissued a “hold” rating on shares of Pearson in a research report on Tuesday, October 17th. Kepler Capital Markets reissued a “hold” rating and set a GBX 725 ($9.83) price objective on shares of Pearson in a research report on Monday, November 20th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Pearson from GBX 671 ($9.10) to GBX 740 ($10.04) and gave the company a “neutral” rating in a research report on Thursday, December 7th.
In other news, insider Tim Score purchased 2,141 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were bought at an average price of GBX 736 ($9.98) per share, for a total transaction of £15,757.76 ($21,369.35).
Pearson Company Profile
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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