Rating Worth Watching: 21.21% to Target, JP Morgan Cazenove Keeps Neutral Rating for Pearson (LON:PSON) Stock

November 29, 2016 - By Clifton Ray

Pearson (LON:PSON) Rating

Pearson (LON:PSON) had its stock rating noted as Neutral by analysts at JP Morgan Cazenove. JP Morgan Cazenove currently has a GBX 940.00 price target on the 6.37 billion GBP market cap company or 21.21% upside potential. This was revealed in analysts report on Tuesday morning.

Pearson plc (LON:PSON) Ratings Coverage

Out of 25 analysts covering Pearson PLC (LON:PSON), 11 rate it a “Buy”, 6 “Sell”, while 8 “Hold”. This means 44% are positive. GBX 1700 is the highest target while GBX 435 is the lowest. The GBX 870.91 average target is 12.44% above today’s (GBX 774.57) stock price. Pearson PLC has been the topic of 218 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Morgan Stanley downgraded it to “Equal Weight” rating and GBX 900 target price in Thursday, October 27 report. As per Wednesday, June 15, the company rating was maintained by Panmure Gordon. Goldman Sachs maintained the shares of PSON in a report on Wednesday, January 27 with “Neutral” rating. BNP Paribas maintained the stock with “Outperform” rating in Monday, August 1 report. The stock has “Overweight” rating given by JP Morgan on Wednesday, September 16. As per Wednesday, January 6, the company rating was maintained by BNP Paribas. The company was maintained on Monday, February 22 by JP Morgan. The firm earned “Sell” rating on Wednesday, December 2 by Liberum Capital. The rating was maintained by Barclays Capital on Thursday, November 12 with “Equal Weight”. The rating was maintained by Kepler Cheuvreux with “Buy” on Thursday, October 22.

The stock increased 0.01% or GBX 0.07 on November 29, hitting GBX 774.57. About 2.29 million shares traded hands. Pearson plc (LON:PSON) has declined 3.79% since April 29, 2016 and is downtrending. It has underperformed by 9.05% the S&P500.

Pearson plc is an international education and media company. The company has a market cap of 6.37 billion GBP. The Firm has activities in the education, business information and consumer publishing markets. It currently has negative earnings. The Firm operates through three divisions: North America, Core and Growth.

PSON Company Profile

Petrosonic Energy, Inc., incorporated on June 11, 2008, is a development-stage company. The Firm focuses on the sonic separation, treatment and upgrading of heavy oil, and on the manufacture of synthetic fuel oil through emulsification of heavy crude oil and asphaltenes. The Firm has certain technology and equipment relating to enhanced separation by sonication of hydrocarbons and other materials. The Company’s assets include technology relating to the treatment and upgrading of heavy oil by sonicated solvent de-asphalting, approximately two sonic reactors, one located in Albania and one located in Richmond, British Columbia, Canada, and a solvent recovery system.

Another recent and important Pearson plc (LON:PSON) news was published by Bloomberg.com which published an article titled: “Pearson Nine-Month Sales Decline on U.S. Courseware Slump” on October 17, 2016.

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