A number of other equities research analysts have also recently commented on the stock. Goldman Sachs Group raised their target price on shares of Pearson from GBX 495 ($6.84) to GBX 555 ($7.67) and gave the stock a sell rating in a research note on Tuesday, January 23rd. Societe Generale restated a buy rating and set a GBX 960 ($13.26) target price on shares of Pearson in a research note on Friday, January 26th. JPMorgan Chase & Co. raised their target price on shares of Pearson from GBX 671 ($9.27) to GBX 740 ($10.22) and gave the stock a neutral rating in a research note on Thursday, December 7th. Deutsche Bank restated a sell rating and set a GBX 500 ($6.91) target price on shares of Pearson in a research note on Monday, December 4th. Finally, Kepler Capital Markets restated a hold rating and set a GBX 725 ($10.02) target price on shares of Pearson in a research note on Monday, November 20th. Six investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 680 ($9.39).
Pearson (LON PSON) opened at GBX 751.40 ($10.38) on Tuesday. The stock has a market cap of $5,870.00 and a P/E ratio of 1,502.80. Pearson has a 1-year low of GBX 563 ($7.78) and a 1-year high of GBX 773 ($10.68).
The business also recently disclosed a dividend, which will be paid on Friday, May 11th. Stockholders of record on Thursday, April 5th will be given a dividend of GBX 12 ($0.17) per share. The ex-dividend date of this dividend is Thursday, April 5th. This represents a dividend yield of 1.71%. This is a boost from Pearson’s previous dividend of $5.00.
In related news, insider Tim Score acquired 2,141 shares of Pearson stock in a transaction dated Friday, December 15th. The shares were purchased at an average price of GBX 736 ($10.17) per share, for a total transaction of £15,757.76 ($21,770.88).
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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