Pearson’s (PSON) Buy Rating Reaffirmed at Shore Capital

Pearson (LON:PSON)‘s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a report released on Friday, Marketbeat reports.

Several other brokerages also recently issued reports on PSON. JPMorgan Chase & Co. boosted their price objective on Pearson from GBX 1,200 ($14.82) to GBX 1,220 ($15.07) and gave the stock an “overweight” rating in a report on Wednesday, March 20th. Barclays dropped their price target on Pearson from GBX 975 ($12.04) to GBX 965 ($11.92) and set an “equal weight” rating for the company in a report on Tuesday, February 6th.

Pearson Stock Performance

Shares of PSON stock opened at GBX 987 ($12.19) on Friday. Pearson has a 52 week low of GBX 749.40 ($9.26) and a 52 week high of GBX 1,046.50 ($12.93). The company has a market capitalization of £6.71 billion, a price-to-earnings ratio of 1,862.26, a PEG ratio of 0.83 and a beta of 0.31. The company has a 50-day simple moving average of GBX 1,003.57 and a 200 day simple moving average of GBX 969.44. The company has a debt-to-equity ratio of 30.19, a quick ratio of 1.07 and a current ratio of 1.73.

Insider Buying and Selling at Pearson

In other Pearson news, insider Graeme Pitkethly bought 210 shares of the stock in a transaction dated Thursday, March 28th. The shares were bought at an average cost of GBX 1,037 ($12.81) per share, with a total value of £2,177.70 ($2,689.85). Insiders own 0.33% of the company’s stock.

About Pearson

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