Pearson (LON:PSON) had its target price trimmed by Barclays from GBX 620 ($8.16) to GBX 520 ($6.84) in a report published on Friday, Stock Target Advisor reports. The brokerage currently has an underweight rating on the stock.
Other analysts have also issued reports about the company. UBS Group lowered their price objective on Pearson from GBX 880 ($11.58) to GBX 820 ($10.79) and set a buy rating for the company in a report on Tuesday, January 14th. Goldman Sachs Group dropped their price objective on shares of Pearson from GBX 640 ($8.42) to GBX 566 ($7.45) and set a sell rating on the stock in a report on Tuesday, December 10th. Deutsche Bank upgraded Pearson to a hold rating and lowered their target price for the company from GBX 650 ($8.55) to GBX 600 ($7.89) in a research report on Monday, October 21st. Credit Suisse Group decreased their target price on shares of Pearson from GBX 680 ($8.95) to GBX 590 ($7.76) and set an underperform rating for the company in a research report on Tuesday, January 14th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Pearson from GBX 950 ($12.50) to GBX 860 ($11.31) and set an overweight rating on the stock in a research note on Thursday, January 16th. Five analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. Pearson currently has an average rating of Hold and an average target price of GBX 658.91 ($8.67).
LON PSON opened at GBX 588.60 ($7.74) on Friday. The company has a market capitalization of $4.58 billion and a price-to-earnings ratio of 10.22. The company has a debt-to-equity ratio of 48.18, a current ratio of 1.95 and a quick ratio of 1.20. Pearson has a 12 month low of GBX 6.87 ($0.09) and a 12 month high of GBX 955 ($12.56). The company’s fifty day moving average price is GBX 634.66 and its two-hundred day moving average price is GBX 742.04.
Pearson Company Profile
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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