Shares of Pearson plc (LON:PSON) have earned an average rating of “Hold” from the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 705.67 ($9.19).
PSON has been the subject of a number of research analyst reports. Citigroup reissued a “buy” rating on shares of Pearson in a research report on Wednesday, July 25th. Kepler Capital Markets increased their price objective on Pearson from GBX 725 ($9.44) to GBX 865 ($11.27) and gave the stock a “hold” rating in a report on Tuesday, July 3rd. Shore Capital restated a “hold” rating on shares of Pearson in a report on Monday, July 23rd. Deutsche Bank increased their price objective on Pearson from GBX 525 ($6.84) to GBX 575 ($7.49) and gave the stock a “sell” rating in a report on Thursday, July 12th. Finally, Liberum Capital restated a “sell” rating and issued a GBX 450 ($5.86) price objective on shares of Pearson in a report on Thursday, June 21st.
PSON stock traded down GBX 16 ($0.21) during mid-day trading on Thursday, reaching GBX 872 ($11.36). 5,497,685 shares of the stock traded hands, compared to its average volume of 4,520,000. Pearson has a 52-week low of GBX 563 ($7.33) and a 52-week high of GBX 775.80 ($10.11).
The firm also recently disclosed a dividend, which was paid on Friday, September 14th. Stockholders of record on Thursday, August 16th were given a GBX 5.50 ($0.07) dividend. The ex-dividend date was Thursday, August 16th. This represents a dividend yield of 0.57%.
In other news, insider Lincoln Wallen bought 452 shares of Pearson stock in a transaction that occurred on Friday, June 29th. The stock was purchased at an average cost of GBX 884 ($11.51) per share, with a total value of £3,995.68 ($5,204.74).
Pearson Company Profile
Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through three segments: North America, Core, and Growth. It offers courseware services, including curriculum materials provided in book form and/or via access to digital content; and assessments, such as test development, processing, and scoring services.
Further Reading: Do Tariffs Work?
Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.com's FREE daily email newsletter.