JPMorgan Chase & Co. Issues Pessimistic Forecast for Pearson (LON:PSON) Stock Price

Pearson (LON:PSON) had its price objective decreased by stock analysts at JPMorgan Chase & Co. from GBX 1,420 to GBX 1,360 in a research report issued to clients and investors on Thursday, London Stock Exchange reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 18.06% from the company’s previous close.

Other equities research analysts have also recently issued reports about the company. Citigroup lifted their price objective on Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft raised their target price on Pearson from GBX 1,033 to GBX 1,130 and gave the company a “hold” rating in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Hold rating, According to MarketBeat, Pearson has a consensus rating of “Hold” and an average price target of GBX 1,278.33.

Pearson Stock Performance

PSON opened at GBX 1,152 on Thursday. The company has a quick ratio of 1.07, a current ratio of 2.00 and a debt-to-equity ratio of 52.56. The company has a market cap of £6.92 billion, a price-to-earnings ratio of 23.04, a PEG ratio of 0.83 and a beta of 0.34. Pearson has a 52-week low of GBX 874.80 and a 52-week high of GBX 1,336.50. The firm’s fifty day simple moving average is GBX 1,227.12 and its two-hundred day simple moving average is GBX 1,120.81.

Pearson (LON:PSON) last released its earnings results on Friday, July 31st. The company reported GBX 28.90 EPS for the quarter. Pearson had a net margin of 8.78% and a return on equity of 9.13%.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.