Pearson plc (LON:PSON) announced a dividend on Friday, August 4th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 17th will be given a dividend of GBX 5 ($0.07) per share on Friday, September 15th. This represents a yield of 0.8%. The ex-dividend date is Thursday, August 17th. The official announcement can be accessed at this link.
Shares of Pearson plc (PSON) opened at 615.50 on Friday. The firm’s 50-day moving average is GBX 659.53 and its 200-day moving average is GBX 666.47. The firm’s market cap is GBX 5.02 billion. Pearson plc has a 12-month low of GBX 552.00 and a 12-month high of GBX 899.50.
In other news, insider Lincoln Wallen purchased 581 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The shares were acquired at an average cost of GBX 697 ($9.08) per share, with a total value of £4,049.57 ($5,273.56).
A number of brokerages have issued reports on PSON. Numis Securities Ltd reaffirmed a “sell” rating and issued a GBX 490 ($6.38) target price on shares of Pearson plc in a research report on Friday, August 4th. Liberum Capital reaffirmed a “sell” rating on shares of Pearson plc in a research report on Thursday. Barclays PLC upped their target price on Pearson plc from GBX 625 ($8.14) to GBX 705 ($9.18) and gave the company an “equal weight” rating in a research report on Monday, May 15th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 600 ($7.81) target price on shares of Pearson plc in a research report on Monday, May 15th. Finally, Jefferies Group LLC cut their target price on Pearson plc from GBX 540 ($7.03) to GBX 511 ($6.65) and set an “underperform” rating on the stock in a research report on Wednesday, July 12th. Six research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 695.39 ($9.06).
Pearson plc Company Profile
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
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