Pearson plc (PSON) Shares Down 1.5%
Pearson plc (LON:PSON) dropped 1.5% on Friday . The company traded as low as GBX 702 ($9.26) and last traded at GBX 693.50 ($9.15). Approximately 3,522,779 shares traded hands during mid-day trading, an increase of Infinity from the average daily volume of 0 shares. The stock had previously closed at GBX 704 ($9.29).
Several equities research analysts recently commented on PSON shares. Citigroup Inc. reiterated a “buy” rating and set a GBX 975 ($12.87) target price on shares of Pearson plc in a research report on Tuesday, July 18th. Societe Generale reiterated a “buy” rating and set a GBX 960 ($12.67) target price on shares of Pearson plc in a research report on Wednesday, October 18th. Barclays PLC reiterated an “equal weight” rating and set a GBX 655 ($8.64) target price on shares of Pearson plc in a research report on Monday, August 7th. Deutsche Bank AG reiterated a “hold” rating and set a GBX 600 ($7.92) target price on shares of Pearson plc in a research report on Wednesday, July 12th. Finally, Investec reiterated a “hold” rating on shares of Pearson plc in a research report on Tuesday, July 11th. 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 to the company. The stock presently has an average rating of “Hold” and a consensus target price of GBX 673.71 ($8.89).
In other news, insider Tim Score acquired 2,610 shares of the business’s stock in a transaction on Friday, September 29th. The shares were purchased at an average cost of GBX 604 ($7.97) per share, with a total value of £15,764.40 ($20,802.85).
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About Pearson plc
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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