Pearson (LON:PSON)‘s stock had its “sell” rating reiterated by equities researchers at Deutsche Bank in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.
A number of other research firms also recently commented on PSON. Goldman Sachs Group reiterated a “buy” rating on shares of WPP in a report on Monday, June 3rd. Liberum Capital reiterated a “hold” rating on shares of Daily Mail and General Trust P L C in a report on Tuesday, July 2nd. Shore Capital upgraded shares of Hastings Group to a “hold” rating and dropped their target price for the stock from GBX 230 ($3.01) to GBX 225 ($2.94) in a report on Friday, April 26th. Credit Suisse Group reiterated a “buy” rating and issued a $19.50 target price on shares of Infineon Technologies in a report on Thursday, May 2nd. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 360 ($4.70) target price on shares of in a report on Thursday, June 6th. Seven investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 729.56 ($9.53).
LON PSON opened at GBX 851 ($11.12) on Friday. The company has a debt-to-equity ratio of 17.22, a current ratio of 1.58 and a quick ratio of 0.77. The stock has a 50 day simple moving average of GBX 813.28. Pearson has a 12 month low of GBX 764 ($9.98) and a 12 month high of GBX 1,030 ($13.46). The company has a market cap of $6.65 billion and a P/E ratio of 11.27.
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.
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