Pearson (LON:PSON) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Pearson (LON:PSON) had its target price increased by analysts at JPMorgan Chase & Co. from GBX 1,420 to GBX 1,430 in a research note issued on Thursday,London Stock Exchange reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 41.03% from the company’s previous close.

Separately, Citigroup assumed coverage on shares of Pearson in a research note on Monday, January 12th. They issued a “buy” rating and a GBX 1,300 price target on the stock. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,290.

Pearson Stock Up 0.5%

Shares of PSON stock opened at GBX 1,014 on Thursday. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.00. Pearson has a 1 year low of GBX 874.80 and a 1 year high of GBX 1,225.34. The firm’s fifty day moving average price is GBX 955.29 and its two-hundred day moving average price is GBX 1,005.40. The firm has a market capitalization of £6.22 billion, a P/E ratio of 20.00, a PEG ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last issued its quarterly earnings results on Monday, March 2nd. The company reported GBX 64.50 earnings per share (EPS) for the quarter. Pearson had a net margin of 9.37% and a return on equity of 9.26%.

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.