Pearson plc 28.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Pearson plc using EPIC/TICKER code (LON:PSON) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today 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 1090 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 28.2% from the opening price of 850 GBX. Over the last 30 and 90 trading days the company share price has increased 41.8 points and increased 15.6 points respectively. The 1 year high for the stock price is 1030 GBX while the year low share price is currently 764 GBX.

Pearson plc has a 50 day moving average of 818.27 GBX and a 200 day moving average of 880.91. There are currently 781,438,857 shares in issue with the average daily volume traded being 2,338,579. Market capitalisation for LON:PSON is £6,750,068,751 GBP.

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    Pearson Plc reports 3% sales growth for 2024 with strategic focus on AI and a new Microsoft partnership. Solid financials and expanded offerings.
    Pearson plc (LON:PSON) reports robust H1 2024 results with steady sales and adjusted operating profit. Guidance for 2024 and 2025 remains unchanged.

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