Pearson plc (PSON) Receives Consensus Rating of “Hold” from Analysts
Pearson plc (LON:PSON) has been given an average rating of “Hold” by the twenty analysts that are covering the stock, MarketBeat.com reports. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 671.24 ($8.67).
PSON has been the subject of a number of research reports. Liberum Capital reaffirmed a “sell” rating on shares of Pearson plc in a research note on Thursday, August 10th. Credit Suisse Group dropped their price objective on Pearson plc from GBX 730 ($9.43) to GBX 690 ($8.91) and set a “neutral” rating for the company in a research note on Tuesday, August 8th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 655 ($8.46) price objective on shares of Pearson plc in a research note on Monday, August 7th. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 490 ($6.33) price objective on shares of Pearson plc in a research note on Tuesday, August 22nd. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 600 ($7.75) price objective on shares of Pearson plc in a research note on Monday, August 7th.
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In other Pearson plc news, insider Lincoln Wallen purchased 581 shares of the firm’s stock in a transaction on Friday, June 30th. The stock was bought at an average cost of GBX 697 ($9.00) per share, with a total value of £4,049.57 ($5,229.98).
Pearson plc (LON:PSON) traded down 1.68% during trading on Friday, reaching GBX 586.00. The company had a trading volume of 1,570,552 shares. The company’s 50-day moving average is GBX 625.65 and its 200 day moving average is GBX 661.90. The firm’s market capitalization is GBX 4.78 billion. Pearson plc has a 52 week low of GBX 552.00 and a 52 week high of GBX 838.00.
Pearson plc (LON:PSON) last posted its earnings results on Friday, August 4th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.05. Pearson plc had a negative return on equity of 0.82% and a negative net margin of 0.78%. Equities analysts anticipate that Pearson plc will post $48.31 EPS for the current year.
The firm also recently declared a dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 17th will be issued a dividend of GBX 5 ($0.06) per share. This represents a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 17th.
Pearson plc Company Profile
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
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