Pearson’s (PSON) “Sell” Rating Reiterated at Liberum Capital
Liberum Capital reiterated their sell rating on shares of Pearson (LON:PSON) in a research report released on Friday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also weighed in on the company. UBS Group set a €74.00 ($86.05) price objective on Bayerische Motoren Werke and gave the company a neutral rating in a research note on Thursday, July 4th. Goldman Sachs Group reiterated a buy rating on shares of WPP in a research note on Monday, June 3rd. JPMorgan Chase & Co. reiterated a sell rating and set a $18.00 price objective on shares of ABB in a research note on Monday, July 15th. Barclays reduced their price objective on Kansas City Southern from $130.00 to $128.00 and set an equal weight rating for the company in a research note on Thursday, April 4th. Finally, Deutsche Bank lifted their price objective on Spirit Airlines from $75.00 to $79.00 and gave the company a buy rating in a research note on Friday, July 12th. Seven equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 770.10 ($10.06).
LON PSON opened at GBX 919 ($12.01) on Friday. The company’s 50-day moving average is GBX 845.78. The stock has a market cap of $7.21 billion and a price-to-earnings ratio of 12.17. Pearson has a fifty-two week low of GBX 764 ($9.98) and a fifty-two week high of GBX 1,030 ($13.46). The company has a debt-to-equity ratio of 17.22, a current ratio of 1.58 and a quick ratio of 0.77.
In related news, insider Coram Williams sold 22,367 shares of Pearson stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of GBX 814 ($10.64), for a total value of £182,067.38 ($237,903.28). Also, insider Elizabeth Corley purchased 1,736 shares of the business’s stock in a transaction that occurred 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).
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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