Pearson (LON:PSON)‘s stock had its “sell” rating restated by investment analysts at Berenberg Bank in a report released on Monday, February 25th. They currently have a GBX 600 ($7.84) target price on the stock. Berenberg Bank’s price target would indicate a potential downside of 29.35% from the stock’s current price.
Several other equities research analysts have also weighed in on the stock. Deutsche Bank reiterated a “sell” rating and set a GBX 650 ($8.49) price objective on shares of Pearson in a research note on Monday, February 25th. Goldman Sachs Group upped their target price on shares of Pearson from GBX 663 ($8.66) to GBX 682 ($8.91) and gave the stock a “sell” rating in a research report on Tuesday, February 19th. Shore Capital restated a “hold” rating on shares of Pearson in a research report on Monday, February 18th. Liberum Capital restated a “sell” rating and issued a GBX 550 ($7.19) target price on shares of Pearson in a research report on Monday, February 18th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Pearson from GBX 890 ($11.63) to GBX 850 ($11.11) and set a “neutral” rating for the company in a research report on Thursday, January 17th. Seven investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Pearson currently has a consensus rating of “Hold” and an average target price of GBX 756.45 ($9.88).
PSON stock traded up GBX 14 ($0.18) during trading on Monday, reaching GBX 849.20 ($11.10). The stock had a trading volume of 4,500,005 shares, compared to its average volume of 4,520,000. Pearson has a 1-year low of GBX 730.40 ($9.54) and a 1-year high of GBX 1,030 ($13.46). The company has a debt-to-equity ratio of 17.22, a current ratio of 1.58 and a quick ratio of 0.82. The firm has a market capitalization of $6.58 billion and a P/E ratio of 11.25.
Pearson (LON:PSON) last issued its quarterly earnings data on Friday, February 22nd. The company reported GBX 70.30 ($0.92) EPS for the quarter, topping analysts’ consensus estimates of GBX 65.30 ($0.85) by GBX 5 ($0.07). On average, sell-side analysts anticipate that Pearson will post 5589.99970376511 EPS for the current year.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
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