Liberum Capital Reaffirms “Sell” Rating for Pearson (LON:PSON)

Liberum Capital reaffirmed their sell rating on shares of Pearson (LON:PSON) in a report released on Monday, ThisIsMoney.Co.Uk reports.

Other analysts also recently issued reports about the stock. Kepler Capital Markets decreased their target price on shares of Pearson from GBX 815 ($10.72) to GBX 650 ($8.55) and set a hold rating for the company in a research report on Friday, January 17th. JPMorgan Chase & Co. cut their price target on shares of Pearson from GBX 860 ($11.31) to GBX 776 ($10.21) and set an overweight rating on the stock in a report on Friday, March 20th. Deutsche Bank reduced their price objective on shares of Pearson from GBX 600 ($7.89) to GBX 500 ($6.58) and set a hold rating for the company in a research note on Friday, January 24th. Citigroup reiterated a buy rating on shares of Pearson in a report on Wednesday, February 19th. Finally, UBS Group reissued a neutral rating and set a GBX 625 ($8.22) target price (up from GBX 600 ($7.89)) on shares of Pearson in a research report on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 622.36 ($8.19).

Shares of PSON opened at GBX 518 ($6.81) on Monday. The company has a debt-to-equity ratio of 39.39, a quick ratio of 1.06 and a current ratio of 2.13. The firm has a market cap of $3.83 billion and a PE ratio of 15.24. The firm’s 50 day moving average price is GBX 550.37 and its 200 day moving average price is GBX 648.08. Pearson has a twelve month low of GBX 6.87 ($0.09) and a twelve month high of GBX 951.20 ($12.51).

The company also recently declared a dividend, which will be paid on Thursday, May 7th. Stockholders of record on Thursday, March 26th will be given a GBX 13.50 ($0.18) dividend. This is a positive change from Pearson’s previous dividend of $6.00. The ex-dividend date of this dividend is Thursday, March 26th. This represents a dividend yield of 2.4%. Pearson’s dividend payout ratio (DPR) is currently 0.59%.

In other news, insider Sidney Taurel purchased 100,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were bought at an average price of GBX 538 ($7.08) per share, with a total value of £538,000 ($707,708.50).

Pearson Company Profile

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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Analyst Recommendations for Pearson (LON:PSON)

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