Pearson plc 12.4% Potential Decrease Indicated by Deutsche Bank

Broker Ratings
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Pearson plc with EPIC/TICKER (LON:PSON) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Pearson plc are listed in the Consumer Services sector within UK Main Market. Deutsche Bank have set their target price at 600 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.4% from the opening price of 685 GBX. Over the last 30 and 90 trading days the company share price has decreased 168.2 points and decreased 206.6 points respectively. The 52 week high share price is 1030 GBX while the year low share price is currently 673.4 GBX.

Pearson plc has a 50 day moving average of 803.31 GBX and the 200 Day Moving Average price is recorded at 845.50. There are currently 782,054,530 shares in issue with the average daily volume traded being 3,965,950. Market capitalisation for LON:PSON is £5,280,432,282 GBP.

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