Pearson (LON:PSON) Earns Hold Rating from Shore Capital
Shore Capital reissued their hold rating on shares of Pearson (LON:PSON) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Other research analysts have also recently issued research reports about the stock. Morgan Stanley decreased their target price on shares of Pearson from GBX 675 ($8.88) to GBX 655 ($8.62) and set an equal weight rating on the stock in a research report on Thursday, December 5th. Deutsche Bank decreased their target price on shares of Pearson from GBX 600 ($7.89) to GBX 500 ($6.58) and set a hold rating on the stock in a research report on Friday, January 24th. Liberum Capital reaffirmed a sell rating on shares of Pearson in a research report on Wednesday, January 15th. Barclays decreased their target price on shares of Pearson from GBX 620 ($8.16) to GBX 520 ($6.84) and set an underweight rating on the stock in a research report on Friday, January 17th. Finally, Citigroup decreased their target price on shares of Pearson from GBX 1,000 ($13.15) to GBX 960 ($12.63) and set a buy rating on the stock in a research report on Wednesday, January 15th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Pearson presently has a consensus rating of Hold and a consensus price target of GBX 628.64 ($8.27).
LON PSON opened at GBX 565.60 ($7.44) on Tuesday. The firm’s 50-day moving average is GBX 603.28 and its two-hundred day moving average is GBX 709.05. Pearson has a 12 month low of GBX 6.87 ($0.09) and a 12 month high of GBX 951.20 ($12.51). The company has a debt-to-equity ratio of 48.18, a current ratio of 1.95 and a quick ratio of 1.20. The stock has a market capitalization of $4.43 billion and a P/E ratio of 9.82.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
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