Pearson plc (LON:PSON) Receives Average Rating of “Hold” from Brokerages

Shares of Pearson plc (LON:PSON) have been assigned a consensus rating of “Hold” from the twelve research firms that are presently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 815 ($10.65).

Several equities analysts recently commented on PSON shares. Berenberg Bank reaffirmed a “sell” rating and set a GBX 620 ($8.10) target price on shares of Pearson in a report on Thursday, September 26th. Deutsche Bank reissued a “sell” rating on shares of Pearson in a report on Friday, July 12th. Liberum Capital reissued a “sell” rating on shares of Pearson in a report on Thursday, September 26th. Citigroup raised their price target on shares of Pearson from GBX 975 ($12.74) to GBX 1,050 ($13.72) and gave the stock a “buy” rating in a report on Tuesday, July 30th. Finally, Shore Capital lowered shares of Pearson to a “hold” rating in a report on Friday.

Shares of PSON stock traded up GBX 12.40 ($0.16) on Monday, hitting GBX 723.20 ($9.45). 3,225,802 shares of the company’s stock traded hands, compared to its average volume of 4,520,000. The company has a debt-to-equity ratio of 48.18, a quick ratio of 1.20 and a current ratio of 1.95. Pearson has a one year low of GBX 694.60 ($9.08) and a one year high of GBX 1,030 ($13.46). The company’s fifty day simple moving average is GBX 819.43 and its 200 day simple moving average is GBX 827.86. The stock has a market capitalization of $5.65 billion and a price-to-earnings ratio of 12.56.

The company also recently declared a dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 15th were issued a GBX 6 ($0.08) dividend. This represents a yield of 0.64%. The ex-dividend date was Thursday, August 15th. Pearson’s dividend payout ratio (DPR) is presently 0.21%.

In related news, insider Graeme Pitkethly bought 285 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of GBX 736 ($9.62) per share, with a total value of £2,097.60 ($2,740.89).

About Pearson

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.

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Analyst Recommendations for Pearson (LON:PSON)

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