UBS AG reiterated their buy rating on shares of Pearson (LON:PSON) in a research report sent to investors on Monday morning, AmericanBankingNews.com reports. The firm currently has a GBX 1,500 ($24.56) price target on the stock.
UBS AG has also modified their ratings on a number of other stocks in the few days. The firm initiated coverage on shares of Imax Corporation. They issued a neutral rating on that stock and set a $30.00 price target. They noted that the move was a valuation call. Also, UBS AG raised its price target on shares of Valeant Pharmaceuticals from $115.00 to $125.00. They have a buy rating on that stock. Finally, UBS AG upgraded shares of DHT Holdings from a neutral rating to a buy rating.
Shares of Pearson (LON:PSON) traded down 0.82% during mid-day trading on Monday, hitting GBX 1332.00. 1,390,034 shares of the company’s stock traded hands. Pearson has a 52-week low of GBX 1090.00 and a 52-week high of GBX 1380.00. The stock’s 50-day moving average is GBX 1328. and its 200-day moving average is GBX 1274.. The company’s market cap is £10.749 billion.
A number of other analysts have also recently weighed in on PSON. Analysts at Deutsche Bank reiterated a sell rating on shares of Pearson in a research note to investors on Monday. They now have a GBX 1,000 ($16.37) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an outperform rating on shares of Pearson in a research note to investors on Wednesday, November 20th. They now have a GBX 1,400 ($22.92) price target on the stock. Finally, analysts at Liberum Capital reiterated a sell rating on shares of Pearson in a research note to investors on Monday, November 18th. They now have a GBX 1,050 ($17.19) price target on the stock. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 1,335.95 ($21.87).
Pearson plc, (LON:PSON) is an international media and education company with its principal operations in the education, business information and consumer publishing markets.
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