JPMorgan Chase & Co. Cuts Pearson (LON:PSON) Price Target to GBX 1,360

Pearson (LON:PSON) had its target price lowered by research analysts at JPMorgan Chase & Co. from GBX 1,420 to GBX 1,360 in a research report issued to clients and investors on Thursday, London Stock Exchange reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 18.06% from the company’s previous close.

PSON has been the subject of a number of other reports. Citigroup lifted their target price on shares of Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research note on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Pearson from GBX 1,033 to GBX 1,130 and gave the stock a “hold” rating in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Pearson has an average rating of “Hold” and a consensus target price of GBX 1,278.33.

Pearson Stock Performance

Shares of PSON opened at GBX 1,152 on Thursday. Pearson has a 12 month low of GBX 874.80 and a 12 month high of GBX 1,336.50. The stock has a fifty day moving average price of GBX 1,227.12 and a 200-day moving average price of GBX 1,120.81. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.56. The firm has a market cap of £6.92 billion, a PE ratio of 23.04, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last announced its earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share for the quarter. Pearson had a return on equity of 9.13% and a net margin of 8.78%.

Pearson Company Profile

At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c.17,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We serve customers in over 40 countries, supporting lifelong learning through world-class assessments and learning experiences, and trusted certifications and credentialing. For us, learning isn’t just what we do.