JPMorgan Chase & Co. Cuts Pearson (LON:PSON) Price Target to GBX 1,360

Pearson (LON:PSON) had its price target decreased by JPMorgan Chase & Co. from GBX 1,420 to GBX 1,360 in a research report sent to investors on Thursday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Several other research firms also recently weighed in on PSON. Citigroup raised their price target on shares of Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on Pearson from GBX 1,033 to GBX 1,130 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,278.33.

Pearson Price Performance

LON PSON opened at GBX 1,162.01 on Thursday. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.56. Pearson has a 12-month low of GBX 874.80 and a 12-month high of GBX 1,336.50. The firm’s fifty day simple moving average is GBX 1,224.09 and its two-hundred day simple moving average is GBX 1,122.69. The firm has a market capitalization of £6.98 billion, a P/E ratio of 23.24, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share (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.