A number of other brokerages also recently issued reports on PSON. BNP Paribas downgraded Pearson plc to a neutral rating and decreased their price target for the stock from GBX 1,000 ($12.38) to GBX 900 ($11.14) in a report on Thursday, September 22nd. Liberum Capital restated a sell rating and issued a GBX 470 ($5.82) price target on shares of Pearson plc in a research report on Tuesday, September 20th. Deutsche Bank AG restated a sell rating and issued a GBX 770 ($9.53) price target on shares of Pearson plc in a research report on Tuesday, September 13th. Barclays PLC restated an equal weight rating and issued a GBX 920 ($11.39) price target on shares of Pearson plc in a research report on Thursday, September 8th. Finally, Morgan Stanley restated an overweight rating and issued a GBX 1,050 ($13.00) price target on shares of Pearson plc in a research report on Tuesday, October 4th. Seven research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 915.14 ($11.33).
Pearson plc (LON:PSON) traded down 0.80% during trading on Tuesday, reaching GBX 810.50. The company had a trading volume of 995,725 shares. Pearson plc has a 52 week low of GBX 644.50 and a 52 week high of GBX 1,208.00. The company’s 50-day moving average is GBX 810.59 and its 200 day moving average is GBX 853.66. The firm’s market capitalization is GBX 6.61 billion.
The firm also recently declared a dividend, which was paid on Friday, September 16th. Investors of record on Thursday, August 18th were paid a GBX 18 ($0.22) dividend. This represents a yield of 2.04%. The ex-dividend date was Thursday, August 18th.
In other news, insider Vivienne Cox acquired 289 shares of the firm’s stock in a transaction on Friday, September 30th. The stock was acquired at an average price of GBX 737 ($9.12) per share, for a total transaction of £2,129.93 ($2,636.05). Also, insider Melinda Wolfe sold 25,746 shares of the stock in a transaction on Monday, October 3rd. The stock was sold at an average price of GBX 759 ($9.39), for a total value of £195,412.14 ($241,846.71).
Pearson plc Company Profile
Pearson plc (Pearson) is an international education and media company. The Company has operations in the education, business information and consumer publishing markets. The Company operates through three segments: North America, Core and Growth. The North American business serves educators and students in the United States and Canada from early education through elementary, middle and high schools and into higher education with a range of products and services, such as courseware, assessments and services.
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