Pearson plc 18.3% Potential Decrease Indicated by Berenberg

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’ this morning by analysts at Berenberg. Pearson plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 620 GBX on its stock. This would imply the analyst believes there is a potential downside of -18.3% from today’s opening price of 759 GBX. Over the last 30 and 90 trading days the company share price has decreased 50 points and decreased 50.6 points respectively. The 1 year high for the stock price is 1030 GBX while the year low share price is currently 694.6 GBX.

Pearson plc has a 50 day moving average of 859.16 GBX and a 200 Day Moving Average share price is recorded at 865.92. There are currently 782,014,981 shares in issue with the average daily volume traded being 2,236,804. Market capitalisation for LON:PSON is £5,578,895,065 GBP.

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