PSON has been the subject of a number of other reports. BNP Paribas cut shares of Pearson plc to a neutral rating and lowered their price target for the company from GBX 1,000 ($12.38) to GBX 900 ($11.14) in a research report on Thursday, September 22nd. Liberum Capital reissued a sell rating and set a GBX 470 ($5.82) price target on shares of Pearson plc in a research report on Tuesday, September 20th. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 770 ($9.53) target price on shares of Pearson plc in a report on Tuesday, September 13th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 920 ($11.39) target price on shares of Pearson plc in a report on Thursday, September 8th. Finally, Morgan Stanley reaffirmed an overweight rating and issued a GBX 1,050 ($13.00) target price on shares of Pearson plc in a report on Tuesday, October 4th. Seven analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of GBX 915.14 ($11.33).
Pearson plc (LON:PSON) opened at 833.00 on Tuesday. Pearson plc has a 12-month low of GBX 644.50 and a 12-month high of GBX 1,197.00. The company has a 50-day moving average of GBX 805.82 and a 200 day moving average of GBX 852.99. The company’s market capitalization is GBX 6.79 billion.
The business also recently announced a dividend, which was paid on Friday, September 16th. Investors of record on Thursday, August 18th were given a dividend of GBX 18 ($0.22) per share. The ex-dividend date of this dividend was Thursday, August 18th. This represents a dividend yield of 2.04%.
In related news, insider Melinda Wolfe sold 25,746 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of GBX 759 ($9.39), for a total transaction of £195,412.14 ($241,846.71). Also, insider Vivienne Cox purchased 289 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The shares were acquired at an average cost of GBX 737 ($9.12) per share, for a total transaction of £2,129.93 ($2,636.05).
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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