On Wednesday Credit Suisse reiterated its broker consensus on shares of Pearson (LON:PSON) giving the company a ‘Neutral’ rating.
Credit Suisse gave shares of Pearson a price target of 840 indicating a potential increase of 10.74% from Pearson’s current price of 758.5.
In the prior 12 months Pearson’s stock price has decreased by -32.17% from 1118.18 to 758.5.
Pearson has 815,000,000 shares in issue which have a share price of 758.5 giving Pearson a market capitalisation of 6.18B GBp .
The 52 week high of Pearson’s shares is 1193 whilst the 52 week low for the company’s shares is 644.5. The 50 day moving average of LON:PSON is 800.66 and the 200 day moving average is 850.57.
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services. The core markets are the United Kingdom, Australia, Germany, France, the Benelux countries and Italy. The Company provides English language schools in China and Brazil; partner schools in Brazil and India; vocational and higher education institutions from Saudi Arabia to South Africa, as well as textbooks and educational software. The Company creates and manages intellectual property, which it promotes and sells to its customers under various brand names.