Pearson (PSON.L) has dropped from highs of 1027.5p. Will it continue, or could you pick up a bargain?

• Now trading at 651p (at time of writing). A return to period highs would mean a rise of 57%.
• This shares are amongst the most significant fallers in the period.
• Markets constantly over-react to adverse news. Traders should consider whether the fall is reasonable, or is this another over-reaction?
• Bargain hunters should be mindful of the underlying fundamentals.
• Shares -36% from 12-month highs; +1% from 12 month lows.

Latest News

21 Nov:  UBS reiterates its buy rating on Pearson (PSON) and reduced the target price to 880p (from 900p).

21 Oct:  Deutsche Bank has upgraded its rating on Pearson (PSON) to hold (from sell) and reduced the target price to 600p (from 650p).

17 Oct:  Credit Suisse reiterates its underperform rating on Pearson (PSON) and reduced the target price to 680p (from 785p).

04 Oct:  Shore Capital has downgraded its rating on Pearson (PSON) to hold (from buy).

30 Sep:  UBS reiterates its buy rating on Pearson (PSON) and reduced the target price to 900p (from 1000p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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