Pearson's (PSON) "Hold" Rating Reiterated at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank reaffirmed its “Hold” rating on Pearson and maintained a GBX 1,130 price target, implying 17.4% downside from the current share price.
• Pearson’s analyst consensus remains “Hold,” with three analysts assigning that rating and an average target price of GBX 1,278.33.
• The stock fell 0.2% to GBX 1,368 in Friday trading, near its 12-month high of GBX 1,389.50; the company recently reported quarterly EPS of GBX 28.90.

Pearson (LON:PSON - Get Free Report)'s stock had its "hold" rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Friday, Digital Look reports. They presently have a GBX 1,130 target price on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential downside of 17.40% from the stock's current price.

A number of other equities research analysts have also issued reports on PSON. Citigroup upped their target price on shares of Pearson from GBX 1,300 to GBX 1,345 and gave the company a "neutral" rating in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. decreased their price target on Pearson from GBX 1,420 to GBX 1,360 and set a "neutral" rating for the company in a research note on Thursday, September 10th. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, Pearson presently has an average rating of "Hold" and an average target price of GBX 1,278.33.

Pearson Stock Down 0.2%

PSON stock traded down GBX 3 during midday trading on Friday, hitting GBX 1,368. 2,847,838 shares of the company's stock were exchanged, compared to its average volume of 29,326,326. The firm has a 50 day moving average price of GBX 1,230.25 and a 200-day moving average price of GBX 1,181.84. Pearson has a 12-month low of GBX 874.80 and a 12-month high of GBX 1,389.50. The stock has a market capitalization of £8.22 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.56.

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

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.

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