Pearson’s (PSON) “Sell” Rating Reaffirmed at Berenberg Bank
Pearson (LON:PSON)‘s stock had its “sell” rating reissued by analysts at Berenberg Bank in a report issued on Wednesday. They presently have a GBX 490 ($6.64) price target on the stock. Berenberg Bank’s price target indicates a potential downside of 33.62% from the company’s previous close.
Several other research firms also recently issued reports on PSON. Liberum Capital restated a “sell” rating and issued a GBX 330 ($4.48) price objective on shares of Pearson in a research note on Thursday, December 14th. JPMorgan Chase & Co. upped 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 note on Thursday, December 7th. Deutsche Bank restated a “sell” rating and issued a GBX 500 ($6.78) price objective on shares of Pearson in a research note on Monday, December 4th. Kepler Capital Markets restated a “hold” rating and issued a GBX 725 ($9.83) price objective on shares of Pearson in a research note on Monday, November 20th. Finally, Numis Securities upped their target price on shares of Pearson from GBX 490 ($6.64) to GBX 507 ($6.88) and gave the company a “sell” rating in a report on Friday, October 20th. Six 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. Pearson presently has an average rating of “Hold” and an average price target of GBX 670.56 ($9.09).
Pearson (PSON) opened at GBX 738.20 ($10.01) on Wednesday. Pearson has a 12 month low of GBX 552 ($7.49) and a 12 month high of GBX 823.50 ($11.17). The stock has a market cap of $5,910.00 and a price-to-earnings ratio of -281.76.
ILLEGAL ACTIVITY NOTICE: “Pearson’s (PSON) “Sell” Rating Reaffirmed at Berenberg Bank” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright law. The correct version of this report can be read at https://www.watchlistnews.com/pearsons-pson-sell-rating-reaffirmed-at-berenberg-bank/1800644.html.
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.
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.