Barclays PLC Reiterates Equal weight Rating for Pearson plc (PSON)
Pearson plc (LON:PSON)‘s stock had its “equal weight” rating reissued by research analysts at Barclays PLC in a research report issued on Monday. They currently have a GBX 920 ($12.25) price target on the stock. Barclays PLC’s price objective indicates a potential upside of 17.80% from the company’s previous close.
PSON has been the topic of a number of other research reports. Beaufort Securities restated a “buy” rating on shares of Pearson plc in a report on Tuesday, May 3rd. Goldman Sachs Group Inc. restated a “sell” rating and issued a GBX 800 ($10.66) target price on shares of Pearson plc in a report on Tuesday, May 3rd. Deutsche Bank AG restated a “sell” rating and issued a GBX 770 ($10.26) target price on shares of Pearson plc in a report on Tuesday, May 3rd. BNP Paribas restated an “outperform” rating and issued a GBX 1,000 ($13.32) target price on shares of Pearson plc in a report on Wednesday, June 1st. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Pearson plc in a report on Tuesday, May 24th. Seven investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 928 ($12.36).
Pearson plc (LON:PSON) opened at 781.00 on Monday. Pearson plc has a one year low of GBX 644.50 and a one year high of GBX 1,227.00. The firm’s market capitalization is GBX 6.37 billion. The firm has a 50-day moving average price of GBX 861.88 and a 200-day moving average price of GBX 865.76.
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The company also recently disclosed a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 18th were issued a GBX 18 ($0.24) dividend. This represents a dividend yield of 2.04%. The ex-dividend date of this dividend was Thursday, August 18th.
In other news, insider Wallen,Lincoln acquired 423 shares of the business’s stock in a transaction dated Monday, June 27th. The stock was purchased at an average cost of GBX 916 ($12.20) per share, for a total transaction of £3,874.68 ($5,160.74).
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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