Pearson (LON:PSON) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Pearson (LON:PSON – Get Rating) to a buy rating in a research note published on Tuesday morning, Marketbeat reports. They currently have GBX 900 ($11.02) price objective on the stock, up from their previous price objective of GBX 625 ($7.66).

A number of other brokerages have also recently commented on PSON. Berenberg Bank reaffirmed a hold rating and set a GBX 742 ($9.09) price target on shares of Pearson in a research report on Tuesday, May 17th. Citigroup reaffirmed a buy rating and set a GBX 1,000 ($12.25) price target on shares of Pearson in a research report on Thursday, March 10th. Barclays upped their price target on Pearson from GBX 755 ($9.25) to GBX 770 ($9.43) and gave the company an equal weight rating in a research report on Monday. Morgan Stanley reaffirmed an equal weight rating on shares of Pearson in a research report on Wednesday, May 11th. Finally, Shore Capital reaffirmed a buy rating on shares of Pearson in a research report on Friday, April 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Pearson presently has an average rating of Hold and a consensus target price of GBX 843.67 ($10.33).

Shares of LON PSON opened at GBX 768.20 ($9.41) on Tuesday. Pearson has a one year low of GBX 571 ($6.99) and a one year high of GBX 883.60 ($10.82). The company has a debt-to-equity ratio of 33.51, a current ratio of 2.04 and a quick ratio of 1.28. The business’s fifty day moving average price is GBX 761.58 and its 200-day moving average price is GBX 695.79. The stock has a market capitalization of £5.71 billion and a PE ratio of 36.76.

In other Pearson news, insider Sally Johnson sold 3,810 shares of the company’s stock in a transaction dated Thursday, March 31st. The stock was sold at an average price of GBX 753 ($9.22), for a total value of £28,689.30 ($35,141.23).

Pearson Company Profile (Get Rating)

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

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