Pearson (LON:PSON - Get Free Report)'s stock had its "buy" rating restated by research analysts at Shore Capital in a research note issued on Tuesday, MarketBeat reports.
A number of other brokerages have also weighed in on PSON. Barclays decreased their price objective on shares of Pearson from GBX 975 ($12.24) to GBX 965 ($12.11) and set an "equal weight" rating for the company in a report on Tuesday, February 6th. JPMorgan Chase & Co. boosted their price objective on shares of Pearson from GBX 1,200 ($15.06) to GBX 1,220 ($15.32) and gave the company an "overweight" rating in a research report on Wednesday, March 20th.
Read Our Latest Stock Analysis on PSON
Pearson Trading Down 1.6 %
Shares of LON PSON traded down GBX 17 ($0.21) during trading hours on Tuesday, hitting GBX 1,025 ($12.87). The company's stock had a trading volume of 1,169,756 shares, compared to its average volume of 1,594,886. The company has a debt-to-equity ratio of 30.19, a quick ratio of 1.07 and a current ratio of 1.73. The stock has a market cap of £7.02 billion, a price-to-earnings ratio of 1,933.96, a P/E/G ratio of 0.83 and a beta of 0.30. Pearson has a 12 month low of GBX 749.40 ($9.41) and a 12 month high of GBX 1,046.50 ($13.14). The business has a 50-day simple moving average of GBX 986.92 and a 200-day simple moving average of GBX 954.21.
Insider Buying and Selling
In related news, insider Graeme Pitkethly bought 210 shares of the company's stock in a transaction on Thursday, March 28th. The shares were acquired at an average cost of GBX 1,037 ($13.02) per share, for a total transaction of £2,177.70 ($2,733.74). 0.27% of the stock is currently owned by corporate insiders.
About Pearson
(
Get Free Report)
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, Higher Education, and Workforce Skills.
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