Pearson (LON:PSON) Given “Neutral” Rating at UBS Group

UBS Group reiterated their neutral rating on shares of Pearson (LON:PSON) in a report published on Monday morning, ThisIsMoney.Co.Uk reports. They currently have a GBX 915 ($11.96) price target on the stock, up from their previous price target of GBX 870 ($11.37).

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. boosted their price target on shares of Pearson from GBX 1,065 ($13.92) to GBX 1,090 ($14.24) and gave the company an overweight rating in a research report on Monday, July 15th. Shore Capital raised shares of Pearson to a buy rating in a research note on Friday, April 26th. Liberum Capital reaffirmed a sell rating on shares of Pearson in a research note on Friday, July 26th. Goldman Sachs Group reaffirmed a sell rating on shares of Pearson in a research note on Monday, June 3rd. Finally, Credit Suisse Group reduced their price objective on shares of Pearson from GBX 800 ($10.45) to GBX 785 ($10.26) and set an underperform rating for the company in a research note on Thursday, May 2nd. Seven equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Pearson currently has an average rating of Hold and an average target price of GBX 770.10 ($10.06).

LON PSON opened at GBX 863.20 ($11.28) on Monday. The company has a 50 day simple moving average of GBX 848.78. Pearson has a 12-month low of GBX 764 ($9.98) and a 12-month high of GBX 1,030 ($13.46). The company has a current ratio of 1.95, a quick ratio of 1.20 and a debt-to-equity ratio of 48.18. The company has a market capitalization of $6.81 billion and a price-to-earnings ratio of 14.99.

The company also recently disclosed a dividend, which will be paid on Friday, September 13th. Investors of record on Thursday, August 15th will be paid a dividend of GBX 6 ($0.08) per share. The ex-dividend date is Thursday, August 15th. This represents a yield of 0.64%. Pearson’s dividend payout ratio is currently 0.21%.

In related news, insider Elizabeth Corley purchased 1,736 shares of the business’s stock in a transaction on Friday, June 28th. The stock was acquired at an average price of GBX 816 ($10.66) per share, with a total value of £14,165.76 ($18,510.07). Also, insider Coram Williams sold 13,666 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of GBX 824 ($10.77), for a total transaction of £112,607.84 ($147,142.09).

Pearson Company Profile

Pearson plc provides educational products and services to institutions, governments, professional bodies, and individual learners worldwide. The company operates through North America, Core, and Growth segments. It offers courseware services, including curriculum materials provided in book form and/or through access to digital content; and assessments, such as test development, processing, and scoring services.

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Analyst Recommendations for Pearson (LON:PSON)

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