Pearson (LON:PSON) Rating Reiterated by Citigroup

Citigroup restated their buy rating on shares of Pearson (LON:PSON) in a research report report published on Monday morning, MarketBeat.com reports. They currently have a GBX 1,170 ($14.99) target price on the stock.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Pearson from GBX 1,050 ($13.45) to GBX 1,052 ($13.48) and gave the company a hold rating in a research report on Friday, July 5th. JPMorgan Chase & Co. upped their target price on Pearson from GBX 1,200 ($15.37) to GBX 1,220 ($15.63) and gave the stock an overweight rating in a research note on Wednesday, March 20th. Finally, Shore Capital reiterated a buy rating on shares of Pearson in a research report on Friday, April 26th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of Moderate Buy and an average target price of GBX 1,101.75 ($14.11).

Pearson Price Performance

Shares of LON:PSON opened at GBX 1,007 ($12.90) on Monday. The company has a current ratio of 1.73, a quick ratio of 1.07 and a debt-to-equity ratio of 30.19. Pearson has a twelve month low of GBX 809.60 ($10.37) and a twelve month high of GBX 1,046.50 ($13.40). The company’s 50 day moving average is GBX 970.03 and its 200 day moving average is GBX 979.85. The company has a market cap of £6.76 billion, a PE ratio of 1,900.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.32.

Insider Transactions at Pearson

In other Pearson news, insider Annette Thomas purchased 383 shares of the business’s stock in a transaction that occurred on Friday, June 28th. The stock was purchased at an average price of GBX 985 ($12.62) per share, for a total transaction of £3,772.55 ($4,832.27). Corporate insiders own 0.28% of the company’s stock.

Pearson Company Profile

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.