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

Key Points

• JPMorgan raised its price target to GBX 1,430 (from GBX 1,420) and kept an "overweight" rating, implying about a 41% upside from the previous close.
• Citigroup initiated coverage with a "buy" rating and a GBX 1,300 target; consensus across analysts is a Moderate Buy with an average price target of GBX 1,290.
• Pearson opened at GBX 1,014, trading below analyst targets, and shows fundamentals of a PE of 20, PEG of 0.83, market cap £6.22bn, and a 12‑month range of GBX 874.80–1,225.34.

Pearson (LON:PSON - Get Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from GBX 1,420 to GBX 1,430 in a note issued to investors on Thursday,London Stock Exchange reports. The firm currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 41.03% from the stock's previous close.

Separately, Citigroup started coverage on shares of Pearson in a report on Monday, January 12th. They set a "buy" rating and a GBX 1,300 price objective on the stock. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,290.

Pearson Trading Up 0.5%

PSON opened at GBX 1,014 on Thursday. The firm's fifty day moving average is GBX 955.29 and its two-hundred day moving average is GBX 1,005.40. The company has a debt-to-equity ratio of 52.00, a quick ratio of 1.07 and a current ratio of 2.00. The firm has a market cap of £6.22 billion, a PE ratio of 20.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.34. Pearson has a twelve month low of GBX 874.80 and a twelve month high of GBX 1,225.34.

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

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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