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Pearson plc 13.7% Potential Decrease Indicated by Credit Suisse

Pearson plc using EPIC/TICKER code (LON:PSON) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Credit Suisse. Pearson plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 880 GBX on its stock. This is indicating the analyst believes there is a potential downside of -13.7% from today’s opening price of 1020 GBX. Over the last 30 and 90 trading days the company share price has increased 80 points and increased 219 points respectively. The 52 week high share price is 1030 GBX while the year low share price is currently 651 GBX.

Pearson plc has a 50 day moving average of 952.46 GBX and the 200 Day Moving Average price is recorded at 902.05. There are currently 781,078,167 shares in issue with the average daily volume traded being 3,119,891. Market capitalisation for LON:PSON is £7,822,497,842 GBP.