Pearson (LON:PSON) Price Target Raised to GBX 1,345

Pearson (LON:PSON) had its price objective increased by investment analysts at Citigroup from GBX 1,300 to GBX 1,345 in a report issued on Wednesday, Digital Look reports. The firm currently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 12.46% from the company’s current price.

A number of other research analysts have also commented on PSON. JPMorgan Chase & Co. decreased their price target on shares of Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft increased their price objective on Pearson from GBX 1,033 to GBX 1,130 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Three analysts have rated the stock with a Hold rating, According to MarketBeat.com, Pearson currently has an average rating of “Hold” and an average target price of GBX 1,298.33.

Pearson Trading Down 2.4%

Shares of Pearson stock opened at GBX 1,196 on Wednesday. The company has a debt-to-equity ratio of 52.56, a current ratio of 2.00 and a quick ratio of 1.07. The business has a fifty day simple moving average of GBX 1,227.49 and a two-hundred day simple moving average of GBX 1,109.85. Pearson has a 1 year low of GBX 874.80 and a 1 year high of GBX 1,336.50. The company has a market capitalization of £7.20 billion, a price-to-earnings ratio of 23.92, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 28.90 EPS for the quarter. Pearson had a net margin of 8.78% and a return on equity of 9.13%.

About Pearson

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.