Pearson plc 11.2% Potential Decrease Indicated by Goldman Sachs

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Pearson plc with EPIC/TICKER (LON:PSON) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Goldman Sachs. Pearson plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set their target price at 566 GBX on its stock. This would imply the analyst believes there is a potential downside of -11.2% from today’s opening price of 637.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 58 points and decreased 229.6 points respectively. The 1 year high stock price is 1030 GBX while the 52 week low for the share price is 619.6 GBX.

Pearson plc has a 50 day moving average of 687.15 GBX and the 200 Day Moving Average price is recorded at 800.68. There are currently 782,083,317 shares in issue with the average daily volume traded being 2,478,355. Market capitalisation for LON:PSON is £4,914,611,754 GBP.

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