Pearson (LON:PSON – Get Rating) was upgraded by research analysts at Deutsche Bank Aktiengesellschaft to a “buy” rating in a report released on Tuesday, Digital Look reports. The brokerage presently has a GBX 900 ($11.02) target price on the stock, up from their prior target price of GBX 625 ($7.66). Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 14.16% from the company’s previous close.
Several other research firms also recently weighed in on PSON. Citigroup restated a “buy” rating and issued a GBX 1,000 ($12.25) price target on shares of Pearson in a research note on Thursday, March 10th. Berenberg Bank restated a “hold” rating and issued a GBX 742 ($9.09) price target on shares of Pearson in a research note on Tuesday, May 17th. Barclays upped their price target on Pearson from GBX 755 ($9.25) to GBX 770 ($9.43) and gave the stock an “equal weight” rating in a research note on Monday. Shore Capital restated a “buy” rating on shares of Pearson in a research note on Friday, April 29th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Pearson in a research note on Wednesday, May 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Pearson has a consensus rating of “Hold” and an average target price of GBX 843.67 ($10.33).
If you’re new to trading, then you’ve probably heard the wrong thing about options—that they’re risky, unpredictable, or difficult.
And it couldn’t be more wrong! With the Hughes Optioneering Strategy, you’ll soon learn that the safest option for new accounts is options themselves!
PSON stock opened at GBX 788.37 ($9.66) on Tuesday. Pearson has a fifty-two week low of GBX 571 ($6.99) and a fifty-two week high of GBX 883.60 ($10.82). The business’s 50 day moving average price is GBX 761.49 and its two-hundred day moving average price is GBX 693.39. The company has a debt-to-equity ratio of 33.51, a quick ratio of 1.28 and a current ratio of 2.04. The company has a market capitalization of £5.86 billion and a price-to-earnings ratio of 37.78.
In other news, insider Sally Johnson sold 3,810 shares of the stock in a transaction on Thursday, March 31st. The stock was sold at an average price of GBX 753 ($9.22), for a total transaction of £28,689.30 ($35,141.23).
Pearson Company Profile (Get Rating)
Pearson plc provides educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. It operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Higher Education, and Workforce Skills.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Pearson, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Pearson wasn’t on the list.
While Pearson currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.