Pearson plc 37.5% Potential Decrease Indicated by Berenberg Bank

Broker Ratings
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Pearson plc using EPIC/TICKER code LON:PSON had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg Bank. Pearson plc are listed in the Consumer Services sector within UK Main Market. Berenberg Bank have set a target price of 500 GBX on its stock. This would imply the analyst believes there is a potential downside of 37.5% from the opening price of 800 GBX. Over the last 30 and 90 trading days the company share price has increased 77.4 points and increased 121.8 points respectively.
Pearson plc LON:PSON has a 50 day moving average of 749.59 GBX and the 200 Day Moving Average price is recorded at 625.36The 1 year high stock price is 909 GBX while the year low share price is currently 412.08 GBX. There are currently 753,730,071 shares in issue with the average daily volume traded being 3,289,036. Market capitalisation for LON:PSON is £6,162,496,876 GBP.

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