Deutsche Bank Reaffirms Sell Rating for Pearson (PSON)

Deutsche Bank reissued their sell rating on shares of Pearson (LON:PSON) in a research note released on Monday. The firm currently has a GBX 500 ($6.73) price objective on the stock.

PSON has been the topic of a number of other reports. Liberum Capital reaffirmed a sell rating and issued a GBX 330 ($4.44) price objective on shares of Pearson in a report on Thursday, September 14th. Credit Suisse Group reissued a neutral rating and set a GBX 690 ($9.29) target price on shares of Pearson in a report on Thursday, September 14th. J P Morgan Chase & Co reissued a neutral rating and set a GBX 629 ($8.47) target price on shares of Pearson in a report on Monday, September 4th. Goldman Sachs Group reissued a sell rating and set a GBX 495 ($6.66) target price on shares of Pearson in a report on Monday, September 18th. Finally, Jefferies Group increased their target price on Pearson from GBX 523 ($7.04) to GBX 541 ($7.28) and gave the stock an underperform rating in a report on Wednesday, October 18th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 680.24 ($9.16).

Shares of Pearson (LON:PSON) opened at GBX 738 ($9.93) on Monday. Pearson has a 12 month low of GBX 552 ($7.43) and a 12 month high of GBX 832.50 ($11.20).

In related news, insider Tim Score acquired 2,610 shares of the stock in a transaction dated Friday, September 29th. The stock was bought at an average cost of GBX 604 ($8.13) per share, for a total transaction of £15,764.40 ($21,217.23).

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About Pearson

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.

Analyst Recommendations for Pearson (LON:PSON)

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