Pearson (LON:PSON)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday, Digital Look reports. They currently have a GBX 820 ($10.09) price objective on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 42.41% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. Shore Capital reiterated a “hold” rating on shares of Pearson in a report on Friday, April 24th. UBS Group reiterated a “neutral” rating on shares of Pearson in a report on Tuesday, April 28th. Liberum Capital reiterated a “sell” rating on shares of Pearson in a report on Friday, April 24th. Deutsche Bank reiterated a “hold” rating on shares of Pearson in a report on Wednesday, May 6th. Finally, Berenberg Bank lowered shares of Pearson to a “sell” rating and lowered their price target for the company from GBX 450 ($5.54) to GBX 400 ($4.92) in a report on Wednesday, May 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Pearson currently has an average rating of “Hold” and a consensus target price of GBX 618.91 ($7.62).
Shares of Pearson stock opened at GBX 575.80 ($7.09) on Monday. Pearson has a 52-week low of GBX 6.87 ($0.08) and a 52-week high of GBX 951.20 ($11.71). The stock has a market capitalization of $4.38 billion and a price-to-earnings ratio of 16.94. The company has a fifty day moving average of GBX 507.04 and a 200-day moving average of GBX 545.26. The company has a debt-to-equity ratio of 39.39, a quick ratio of 1.06 and a current ratio of 2.13.
In other Pearson news, insider John Fallon sold 44,116 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of GBX 454 ($5.59), for a total value of £200,286.64 ($246,476.30).
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.
Further Reading: Short Selling
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