Pearson plc 14.6% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Pearson plc with EPIC/TICKER (LON:PSON) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Goldman Sachs. Pearson plc are listed in the Consumer Services sector within UK Main Market. Goldman Sachs have set a target price of 696 GBX on its stock. This would imply the analyst believes there is a potential downside of -14.6% from today’s opening price of 815 GBX. Over the last 30 and 90 trading days the company share price has decreased 24.4 points and increased 5.2 points respectively. The 52 week high for the share price is currently at 1030 GBX while the year low share price is currently 764 GBX.

Pearson plc has a 50 day moving average of 844.61 GBX and a 200 day moving average of 883.93. There are currently 781,772,191 shares in issue with the average daily volume traded being 3,104,040. Market capitalisation for LON:PSON is £6,421,476,967 GBP.

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