Shares of Pearson plc (LON:PSON) have received a consensus recommendation of “Hold” from the twenty-four ratings firms that are presently covering the firm. Seven analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 928.15 ($12.12).
PSON has been the subject of a number of research reports. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a GBX 865 ($11.29) price objective on shares of Pearson plc in a research report on Tuesday, July 19th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 920 ($12.01) price objective on shares of Pearson plc in a research report on Thursday, September 8th. Liberum Capital reiterated a “sell” rating and issued a GBX 470 ($6.13) price objective on shares of Pearson plc in a research report on Monday, September 12th. Morgan Stanley upgraded Pearson plc to an “overweight” rating and raised their price objective for the stock from GBX 925 ($12.07) to GBX 1,050 ($13.71) in a research report on Tuesday, July 12th. Finally, Berenberg Bank raised their price objective on Pearson plc from GBX 730 ($9.53) to GBX 790 ($10.31) and gave the stock a “sell” rating in a research report on Wednesday, June 29th.
Shares of Pearson plc (LON:PSON) traded up 0.47% on Friday, reaching GBX 753.00. The company’s stock had a trading volume of 4,451,329 shares. Pearson plc has a 52 week low of GBX 644.50 and a 52 week high of GBX 1,227.00. The stock has a 50-day moving average of GBX 829.19 and a 200 day moving average of GBX 859.45. The stock’s market capitalization is GBX 6.14 billion.
The company also recently disclosed a dividend, which was paid on Friday, September 16th. Shareholders of record on Thursday, August 18th were given a GBX 18 ($0.23) dividend. The ex-dividend date of this dividend was Thursday, August 18th. This represents a yield of 2.04%.
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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