Pearson (LON:PSON) Price Target Cut to GBX 1,140 by Analysts 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 target price reduced by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 1,260 ($16.73) to GBX 1,140 ($15.14) in a research note issued to investors on Friday,London Stock Exchange reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective would indicate a potential upside of 1.69% from the company's previous close.

Pearson Stock Down 1.5%

Shares of LON:PSON opened at GBX 1,121 ($14.89) on Friday. Pearson has a one year low of GBX 1,010 ($13.41) and a one year high of GBX 1,401 ($18.60). The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 and a quick ratio of 1.07. The company has a market cap of £7.57 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 0.83 and a beta of 0.31. The firm has a fifty day moving average price of GBX 1,082.33 and a two-hundred day moving average price of GBX 1,188.50.

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

Insider Activity at Pearson

In related news, insider Annette Thomas acquired 348 shares of the company's stock in a transaction dated Monday, June 30th. The stock was bought at an average cost of GBX 1,077 ($14.30) per share, with a total value of £3,747.96 ($4,976.71). Also, insider Graeme Pitkethly acquired 2,286 shares of the company's stock in a transaction dated Monday, June 30th. The shares were bought at an average cost of GBX 1,077 ($14.30) per share, with a total value of £24,620.22 ($32,691.83). Over the last quarter, insiders purchased 4,651 shares of company stock valued at $5,009,127. 0.35% of the stock is currently owned by 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.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.

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