Pearson plc’s (PSON) “Sell” Rating Reaffirmed at Liberum Capital
Other equities research analysts also recently issued reports about the company. Jefferies Group reiterated a buy rating and issued a GBX 880 ($11.49) price objective on shares of Pearson plc in a report on Tuesday, May 24th. Kepler Capital Markets reiterated a buy rating and issued a GBX 975 ($12.73) price objective on shares of Pearson plc in a report on Wednesday, July 27th. Beaufort Securities reiterated a buy rating on shares of Pearson plc in a report on Monday, August 1st. Goldman Sachs Group Inc. reduced their price objective on Pearson plc from GBX 865 ($11.29) to GBX 825 ($10.77) and set a sell rating for the company in a report on Monday, August 8th. Finally, Shore Capital reiterated a hold rating on shares of Pearson plc in a report on Monday, June 20th. Seven equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 928 ($12.11).
Shares of Pearson plc (LON:PSON) opened at 783.50 on Tuesday. The stock’s 50 day moving average price is GBX 854.82 and its 200 day moving average price is GBX 864.92. The company’s market capitalization is GBX 6.39 billion. Pearson plc has a 12 month low of GBX 644.50 and a 12 month high of GBX 1,227.00.
The business also recently announced a dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, August 18th were given a dividend of GBX 18 ($0.23) per share. This represents a dividend yield of 2.04%. The ex-dividend date of this dividend was Thursday, August 18th.
In related news, insider Wallen,Lincoln bought 423 shares of the business’s stock in a transaction dated Monday, June 27th. The shares were purchased at an average price of GBX 916 ($11.96) per share, with a total value of £3,874.68 ($5,057.67).
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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