Berenberg Bank Reaffirms “Sell” Rating for Pearson (LON:PSON)

Berenberg Bank reissued their sell rating on shares of Pearson (LON:PSON) in a report issued on Monday morning, Digital Look reports. They currently have a GBX 525 ($6.91) target price on the stock.

A number of other research firms have also commented on PSON. Deutsche Bank upgraded shares of Pearson to a hold rating and reduced their price target for the company from GBX 650 ($8.55) to GBX 600 ($7.89) in a research report on Monday, October 21st. Liberum Capital restated a sell rating on shares of Pearson in a research report on Tuesday, January 7th. UBS Group cut their target price on shares of Pearson from GBX 900 ($11.84) to GBX 880 ($11.58) and set a buy rating for the company in a research report on Thursday, November 21st. Goldman Sachs Group cut their target price on shares of Pearson from GBX 640 ($8.42) to GBX 566 ($7.45) and set a sell rating for the company in a research report on Tuesday, December 10th. Finally, Barclays cut their target price on shares of Pearson from GBX 690 ($9.08) to GBX 620 ($8.16) and set an underweight rating for the company in a research report on Thursday, December 19th. Five research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 674.60 ($8.87).

PSON opened at GBX 572.60 ($7.53) on Monday. The company has a fifty day moving average price of GBX 641.31 and a 200-day moving average price of GBX 747.86. The firm has a market capitalization of $4.84 billion and a P/E ratio of 9.94. The company has a debt-to-equity ratio of 48.18, a current ratio of 1.95 and a quick ratio of 1.20. Pearson has a one year low of GBX 6.87 ($0.09) and a one year high of GBX 1,030 ($13.55).

About Pearson

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.

Read More: Dividend Reinvestment Plan (DRIP)

Analyst Recommendations for Pearson (LON:PSON)

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