Pearson plc (PSON) Given Consensus Rating of “Hold” by Brokerages
Pearson plc (LON:PSON) has earned an average rating of “Hold” from the twenty analysts that are covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is GBX 669.47 ($8.88).
Several equities research analysts have issued reports on the company. Citigroup Inc. reissued a “buy” rating and set a GBX 975 ($12.93) target price on shares of Pearson plc in a research note on Tuesday, July 18th. Barclays PLC reissued an “equal weight” rating and set a GBX 705 ($9.35) target price on shares of Pearson plc in a research note on Friday, July 7th. Deutsche Bank AG reissued a “hold” rating and set a GBX 600 ($7.96) target price on shares of Pearson plc in a research note on Wednesday, July 12th. Investec reissued a “hold” rating on shares of Pearson plc in a research note on Tuesday, July 11th. Finally, Shore Capital reissued a “hold” rating on shares of Pearson plc in a research note on Tuesday, July 11th.
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Pearson plc (LON PSON) traded up 1.07% during trading on Wednesday, reaching GBX 613.50. The company had a trading volume of 1,930,091 shares. The firm’s market capitalization is GBX 5.00 billion. Pearson plc has a 52 week low of GBX 552.00 and a 52 week high of GBX 838.00. The company’s 50-day moving average is GBX 599.74 and its 200 day moving average is GBX 652.37.
The business also recently announced a dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 17th were issued a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, August 17th. This represents a yield of 0.8%.
In related news, insider Tim Score bought 2,610 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The stock was purchased at an average cost of GBX 604 ($8.01) per share, for a total transaction of £15,764.40 ($20,910.47).
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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