Pearson (LON:PSON) Given Buy Rating at Shore Capital

Pearson (LON:PSONGet Rating)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a research note issued on Friday, MarketBeat Ratings reports.

Several other analysts have also recently weighed in on PSON. Berenberg Bank lifted their price objective on Pearson from GBX 590 ($7.52) to GBX 742 ($9.46) and gave the company a “hold” rating in a research report on Monday, April 4th. Barclays started coverage on shares of Pearson in a report on Thursday, March 31st. They set an “equal weight” rating and a GBX 725 ($9.24) price target on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 625 ($7.97) price target on shares of Pearson in a research report on Thursday, February 24th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 900 ($11.47) price objective on shares of Pearson in a report on Thursday, March 3rd. Finally, Citigroup reaffirmed a “buy” rating and set a GBX 1,000 ($12.75) target price on shares of Pearson in a report on Thursday, March 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 790.33 ($10.07).

Shares of PSON stock opened at GBX 793 ($10.11) on Friday. The company has a quick ratio of 1.28, a current ratio of 2.04 and a debt-to-equity ratio of 33.51. The company has a market cap of £6.01 billion and a price-to-earnings ratio of 37.86. The firm has a 50 day moving average of GBX 737.47 and a 200-day moving average of GBX 659.51. Pearson has a 52 week low of GBX 571 ($7.28) and a 52 week high of GBX 883.60 ($11.26).

In other Pearson news, insider Andy Bird sold 205,349 shares of the company’s stock in a transaction that occurred on Friday, February 25th. The stock was sold at an average price of GBX 653 ($8.32), for a total value of £1,340,928.97 ($1,709,060.63). Also, insider Sally Johnson sold 3,810 shares of the stock in a transaction that occurred on Thursday, March 31st. The shares were sold at an average price of GBX 753 ($9.60), for a total transaction of £28,689.30 ($36,565.51).

About Pearson (Get Rating)

Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.

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Analyst Recommendations for Pearson (LON:PSON)

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