Pearson plc (PSON) Receives Equal weight Rating from Barclays PLC

Barclays PLC restated their equal weight rating on shares of Pearson plc (LON:PSON) in a report released on Monday. Barclays PLC currently has a GBX 655 ($8.53) price target on the stock.

Other analysts also recently issued reports about the company. Citigroup Inc. reiterated a buy rating on shares of Pearson plc in a research note on Monday, May 15th. Kepler Capital Markets downgraded Pearson plc to a hold rating and set a GBX 725 ($9.44) target price on the stock. in a research note on Thursday, May 11th. Deutsche Bank AG reiterated a hold rating and set a GBX 600 ($7.81) target price on shares of Pearson plc in a research note on Monday, May 8th. Shore Capital reiterated a hold rating on shares of Pearson plc in a research note on Tuesday, July 11th. Finally, Investec reiterated a hold rating on shares of Pearson plc in a research note on Tuesday, July 11th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of Hold and an average target price of GBX 695.39 ($9.06).

Pearson plc (LON PSON) opened at 624.00 on Monday. The company’s market capitalization is GBX 5.08 billion. Pearson plc has a 12 month low of GBX 552.00 and a 12 month high of GBX 899.50. The stock’s 50 day moving average price is GBX 665.86 and its 200-day moving average price is GBX 666.87.

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The business also recently announced a dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 17th will be issued a GBX 5 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a yield of 0.8%.

In related news, insider Lincoln Wallen bought 581 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The shares were bought at an average cost of GBX 697 ($9.08) per share, with a total value of £4,049.57 ($5,273.56).

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.

Analyst Recommendations for Pearson plc (LON:PSON)

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