Pearson (LON:PSON) Given New GBX 1,140 Price Target at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank has lowered its target price for Pearson from GBX 1,260 to GBX 1,140, maintaining a "hold" rating on the stock.
• Pearson's stock has seen a 1.5% decline and is currently priced at GBX 1,121, with a one year range between GBX 1,010 and GBX 1,401.
• Insider purchases were reported, with insiders acquiring a total of 4,651 shares valued at approximately $5,009,127 over the last quarter.

Pearson (LON:PSON - Get Free Report) had its price target lowered by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 1,260 ($16.94) to GBX 1,140 ($15.33) in a report released on Friday, August 1st, Marketbeat Ratings reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would indicate a potential upside of 6.05% from the stock's previous close.

Pearson Stock Performance

Pearson stock traded down GBX 10.50 ($0.14) during mid-day trading on Friday, hitting GBX 1,075 ($14.46). The company had a trading volume of 2,764,451 shares, compared to its average volume of 4,815,085. The company has a current ratio of 1.78, a quick ratio of 1.07 and a debt-to-equity ratio of 42.49. Pearson has a 12-month low of GBX 1,010 ($13.58) and a 12-month high of GBX 1,401 ($18.84). The company's fifty day moving average is GBX 1,075.29 and its 200-day moving average is GBX 1,184.96. The company has a market capitalization of £7.26 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 0.83 and a beta of 0.31.

Pearson (LON:PSON - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported GBX 24.50 ($0.33) EPS for the quarter. Pearson had a return on equity of 8.98% and a net margin of 9.83%.

Insiders Place Their Bets

In other Pearson news, insider Graeme Pitkethly bought 2,286 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were purchased at an average price of GBX 1,077 ($14.48) per share, for a total transaction of £24,620.22 ($33,109.49). Also, insider Sherry Coutu bought 1,016 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were acquired at an average price of GBX 1,077 ($14.48) per share, for a total transaction of £10,942.32 ($14,715.33). Over the last quarter, insiders have bought 4,651 shares of company stock worth $5,009,127. Corporate insiders own 0.35% of the company's stock.

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.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.