Pearson (LON:PSON) Receives “Sell” Rating from Deutsche Bank

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Pearson (LON:PSON)‘s stock had its “sell” rating reaffirmed by equities research analysts at Deutsche Bank in a research report issued on Friday, ThisIsMoney.Co.Uk reports.

PSON has been the subject of a number of other reports. Credit Suisse Group restated a “buy” rating and issued a $19.50 price objective on shares of Infineon Technologies in a research note on Thursday, May 2nd. Shore Capital upgraded shares of Hastings Group to a “hold” rating and reduced their price objective for the stock from GBX 230 ($3.01) to GBX 225 ($2.94) in a research note on Friday, April 26th. Barclays reduced their price objective on shares of Kansas City Southern from $130.00 to $128.00 and set an “equal weight” rating for the company in a research note on Thursday, April 4th. UBS Group set a €74.00 ($86.05) price objective on shares of Bayerische Motoren Werke and gave the stock a “neutral” rating in a research note on Thursday, July 4th. Finally, Goldman Sachs Group restated a “buy” rating on shares of WPP in a research note on Monday, June 3rd. Seven equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Pearson has a consensus rating of “Hold” and an average target price of GBX 729.56 ($9.53).

Shares of Pearson stock opened at GBX 851 ($11.12) on Friday. The business has a fifty day moving average price of GBX 813.28. The company has a debt-to-equity ratio of 17.22, a current ratio of 1.58 and a quick ratio of 0.77. Pearson has a 1-year low of GBX 764 ($9.98) and a 1-year high of GBX 1,030 ($13.46). The firm has a market capitalization of $6.65 billion and a PE ratio of 11.27.

In related news, insider Coram Williams sold 13,666 shares of the company’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of GBX 824 ($10.77), for a total transaction of £112,607.84 ($147,142.09). Also, insider Elizabeth Corley bought 1,736 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The shares were bought at an average price of GBX 816 ($10.66) per share, with a total value of £14,165.76 ($18,510.07).

About Pearson

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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Analyst Recommendations for Pearson (LON:PSON)

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