Pearson plc 23.5% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Pearson plc using EPIC/TICKER code (LON:PSON) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Pearson plc are listed in the Consumer Services sector within UK Main Market. JP Morgan Cazenove have set a target price of 1050 GBX on its stock. This now indicates the analyst believes there is a possible upside of 23.5% from the opening price of 850 GBX. Over the last 30 and 90 trading days the company share price has decreased 42.4 points and decreased 69.8 points respectively. The 52 week high for the share price is currently at 1030 GBX while the 52 week low for the stock is 730.4 GBX.

Pearson plc has a 50 day moving average of 902.46 GBX and the 200 Day Moving Average price is recorded at 910.55. There are currently 781,412,694 shares in issue with the average daily volume traded being 3,234,113. Market capitalisation for LON:PSON is £6,534,173,042 GBP.

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