Pearson (LON:PSON) Stock Rating Reaffirmed by Shore Capital

Pearson (LON:PSON)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a research report issued to clients and investors on Friday, Marketbeat Ratings reports.

Other equities analysts also recently issued reports about the company. Barclays reduced their price objective on Pearson from GBX 975 ($12.04) to GBX 965 ($11.92) and set an “equal weight” rating for the company in a research report on Tuesday, February 6th. JPMorgan Chase & Co. increased their price objective on Pearson from GBX 1,200 ($14.82) to GBX 1,220 ($15.07) and gave the company an “overweight” rating in a research report on Wednesday, March 20th.

Pearson Stock Down 0.5 %

Shares of LON:PSON opened at GBX 987 ($12.19) on Friday. The stock has a market capitalization of £6.71 billion, a price-to-earnings ratio of 1,862.26, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. Pearson has a 1-year low of GBX 749.40 ($9.26) and a 1-year high of GBX 1,046.50 ($12.93). The company’s fifty day moving average is GBX 1,003.57 and its two-hundred day moving average is GBX 969.44. The company has a debt-to-equity ratio of 30.19, a quick ratio of 1.07 and a current ratio of 1.73.

Insider Activity

In other news, insider Graeme Pitkethly acquired 210 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average cost of GBX 1,037 ($12.81) per share, for a total transaction of £2,177.70 ($2,689.85). 0.33% of the stock is currently owned by corporate insiders.

Pearson Company Profile

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.