Pearson (LON:PSON)‘s stock had its “sell” rating reissued by Liberum Capital in a research note issued to investors on Tuesday, January 7th, Stock Target Advisor reports.
Several other research analysts have also issued reports on PSON. Barclays decreased their target price on Pearson from GBX 690 ($9.08) to GBX 620 ($8.16) and set an “underweight” rating for the company in a research report on Thursday, December 19th. Morgan Stanley dropped their price target on Pearson from GBX 675 ($8.88) to GBX 655 ($8.62) and set an “equal weight” rating on the stock in a research note on Thursday, December 5th. Shore Capital restated a “hold” rating on shares of Pearson in a research note on Wednesday, December 18th. Goldman Sachs Group lowered their target price on Pearson from GBX 640 ($8.42) to GBX 566 ($7.45) and set a “sell” rating on the stock in a research report on Tuesday, December 10th. Finally, JPMorgan Chase & Co. lowered their target price on Pearson from GBX 1,010 ($13.29) to GBX 950 ($12.50) and set an “overweight” rating on the stock in a research report on Wednesday, December 11th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 674.60 ($8.87).
Shares of Pearson stock traded down GBX 55 ($0.72) during trading on Tuesday, hitting GBX 563.40 ($7.41). 9,886,438 shares of the stock traded hands, compared to its average volume of 4,520,000. Pearson has a 52 week low of GBX 6.87 ($0.09) and a 52 week high of GBX 1,030 ($13.55). The company has a quick ratio of 1.20, a current ratio of 1.95 and a debt-to-equity ratio of 48.18. The firm’s fifty day moving average is GBX 641.31 and its 200-day moving average is GBX 747.86. The stock has a market cap of $4.43 billion and a price-to-earnings ratio of 9.78.
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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