Pearson (LON:PSON) Research Coverage Started at Citigroup

Citigroup began coverage on shares of Pearson (LON:PSON) in a report released on Monday morning, MarketBeat reports. The firm issued a buy rating and a GBX 1,300 target price on the stock.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Pearson in a report on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,220.

Pearson Price Performance

Shares of LON:PSON opened at GBX 972.80 on Monday. Pearson has a twelve month low of GBX 972.80 and a twelve month high of GBX 1,401. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49. The company has a market cap of £6.18 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company’s 50 day moving average is GBX 1,023.07 and its 200 day moving average is GBX 1,052.92.

Insider Transactions at Pearson

In other Pearson news, insider Annette Thomas acquired 391 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were bought at an average cost of GBX 991 per share, with a total value of £3,874.81. Also, insider Omar Abbosh sold 52,025 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of GBX 1,051, for a total value of £546,782.75. 0.72% of the stock is owned by company insiders.

Pearson Company Profile

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.