Pearson plc (LON:PSON – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 1,181.84 and traded as high as GBX 1,372.50. Pearson shares last traded at GBX 1,370, with a volume of 1,590,276 shares changing hands.
Analysts Set New Price Targets
A number of brokerages recently commented on PSON. Citigroup upped their price objective on Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research note on Wednesday, September 2nd. JPMorgan Chase & Co. cut their target price on Pearson from GBX 1,420 to GBX 1,360 and set a “neutral” rating on the stock in a research note on Thursday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 1,130 price target on shares of Pearson in a report on Friday. Three research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 1,278.33.
View Our Latest Stock Analysis on PSON
Pearson Stock Performance
The stock has a fifty day moving average price of GBX 1,233.60 and a two-hundred day moving average price of GBX 1,183.15. The company has a market cap of £8.23 billion, a P/E ratio of 27.37, a PEG ratio of 0.83 and a beta of 0.34. The company has a debt-to-equity ratio of 52.56, a current ratio of 2.00 and a quick ratio of 1.07.
Pearson (LON:PSON – Get Free Report) 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.
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