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.
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