Pearson plc (PSON) Earns Sell Rating from Liberum Capital
A number of other research analysts also recently commented on PSON. Berenberg Bank reaffirmed a sell rating and set a GBX 490 ($6.36) target price on shares of Pearson plc in a report on Tuesday, August 22nd. Credit Suisse Group reduced their target price on Pearson plc from GBX 730 ($9.48) to GBX 690 ($8.96) and set a neutral rating on the stock in a report on Tuesday, August 8th. Barclays PLC reaffirmed an equal weight rating and set a GBX 655 ($8.50) target price on shares of Pearson plc in a report on Monday, August 7th. Deutsche Bank AG reaffirmed a hold rating and set a GBX 600 ($7.79) target price on shares of Pearson plc in a report on Monday, August 7th. Finally, BNP Paribas reaffirmed an underperform rating and set a GBX 600 ($7.79) target price on shares of Pearson plc in a report on Wednesday, July 12th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 695.39 ($9.03).
Shares of Pearson plc (LON PSON) opened at 621.50 on Friday. The firm’s 50 day moving average is GBX 637.28 and its 200 day moving average is GBX 666.11. The stock’s market capitalization is GBX 5.07 billion. Pearson plc has a 52-week low of GBX 552.00 and a 52-week high of GBX 883.50.
The company also recently disclosed a dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 17th will be given a dividend of GBX 5 ($0.06) per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a yield of 0.8%.
In other news, insider Lincoln Wallen acquired 581 shares of Pearson plc stock in a transaction that occurred on Friday, June 30th. The stock was purchased at an average price of GBX 697 ($9.05) per share, with a total value of £4,049.57 ($5,257.13).
Pearson plc Company Profile
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
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