Pearson plc (LON:PSON) had its price objective decreased by Barclays from GBX 990 ($14.10) to GBX 750 ($10.69) in a research note issued on Monday, Marketbeat reports. The brokerage currently has an “equal weight” rating on the stock. Barclays’ price target points to a potential downside of 2.41% from the stock’s current price.

Several other research firms also recently commented on PSON. Berenberg Bank dropped their price objective on shares of Pearson plc from GBX 1,100 ($15.67) to GBX 800 ($11.40) and set a “sell” rating on the stock in a report on Friday, October 23rd. Sanford C. Bernstein reissued an “outperform” rating and issued a GBX 1,200 ($17.10) price target on shares of Pearson plc in a report on Wednesday, November 25th. BNP Paribas reissued an “outperform” rating and issued a GBX 1,000 ($14.25) price target on shares of Pearson plc in a report on Wednesday, January 6th. Credit Suisse downgraded shares of Pearson plc to a “neutral” rating and lowered their price target for the stock from GBX 1,455 ($20.73) to GBX 970 ($13.82) in a report on Tuesday, October 27th. Finally, JPMorgan Chase & Co. downgraded shares of Pearson plc to a “neutral” rating and lowered their price target for the stock from GBX 1,365 ($19.45) to GBX 1,080 ($15.39) in a report on Thursday, October 22nd. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 926.14 ($13.19).

Pearson plc (LON:PSON) traded down 0.13% during midday trading on Monday, reaching GBX 768.50. 3,488,087 shares of the company traded hands. The company’s market capitalization is GBX 6.25 billion. Pearson plc has a one year low of GBX 644.50 and a one year high of GBX 1,517.42. The stock’s 50 day moving average is GBX 728.73 and its 200 day moving average is GBX 979.41.

In other Pearson plc news, insider Manwani,Harish purchased 421 shares of the company’s stock in a transaction that occurred on Thursday, December 17th. The stock was bought at an average price of GBX 750 ($10.69) per share, with a total value of £3,157.50 ($4,498.50).

Pearson plc (LON:PSON) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company creates and manages intellectual property, which it promotes and sells to its customers under brand names, to inform, educate and entertain. It operates in three segments: North America, Core and Growth. It has three lines of business corresponding to the key stages of learning: schools, higher education and professional, which includes the Financial Times (FT) Group. It delivers its content in a variety of forms and through a variety of channels, including books, newspapers and online services. The Company offers services, as well as content, from test creation, administration and processing to teacher development and school software. It operates in around 70 countries across the world. Pearson consists of its education business, including the FT Group and around 47% interest in Penguin Random House.

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