Pearson (LON:PSON) had its target price lowered by Barclays from GBX 830 ($10.85) to GBX 805 ($10.52) in a research report report published on Tuesday. The firm currently has an underweight rating on the stock.
PSON has been the subject of a number of other research reports. Liberum Capital reiterated a sell rating and issued a GBX 550 ($7.19) target price on shares of Pearson in a research report on Monday, February 18th. Deutsche Bank reiterated a sell rating and issued a GBX 650 ($8.49) target price on shares of Pearson in a research report on Monday. 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. Berenberg Bank increased their target price on shares of Pearson from GBX 550 ($7.19) to GBX 600 ($7.84) and gave the company a sell rating in a research report on Thursday, January 17th. Finally, Kepler Capital Markets reiterated a hold rating on shares of Pearson in a research report on Thursday, December 6th. Seven analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 732.36 ($9.57).
Shares of PSON opened at GBX 846.60 ($11.06) on Tuesday. Pearson has a 52-week low of GBX 563 ($7.36) and a 52-week high of GBX 775.80 ($10.14).
Pearson (LON:PSON) last announced its earnings results on Friday, February 22nd. The company reported GBX 70.30 ($0.92) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 65.30 ($0.85) by GBX 5 ($0.07).
The firm also recently declared a dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 4th will be issued a GBX 13 ($0.17) dividend. This represents a yield of 1.47%. This is an increase from Pearson’s previous dividend of $5.50. The ex-dividend date of this dividend is Thursday, April 4th.
Pearson Company Profile
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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