JPMorgan Chase & Co. Issues Positive Forecast for Pearson (LON:PSON) Stock Price

Pearson (LON:PSON) had its price target lifted by JPMorgan Chase & Co. from GBX 1,420 to GBX 1,430 in a research report sent to investors on Thursday,London Stock Exchange reports. JPMorgan Chase & Co. currently has an overweight rating on the stock.

Separately, Citigroup started coverage on shares of Pearson in a report on Monday, January 12th. They issued a “buy” rating and a GBX 1,300 price target on the stock. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Pearson presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,290.

Pearson Price Performance

Shares of LON:PSON opened at GBX 1,017 on Thursday. The stock has a market cap of £6.24 billion, a PE ratio of 20.06, a PEG ratio of 0.83 and a beta of 0.34. The company’s fifty day moving average is GBX 956.60 and its 200 day moving average is GBX 1,005.45. Pearson has a 52 week low of GBX 874.80 and a 52 week high of GBX 1,225.34. The company has a quick ratio of 1.07, a current ratio of 2.00 and a debt-to-equity ratio of 52.00.

Pearson (LON:PSON) last issued its earnings results on Monday, March 2nd. The company reported GBX 64.50 EPS for the quarter. Pearson had a net margin of 9.37% and a return on equity of 9.26%.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.