Pearson (LON:PSON) Price Target Raised to GBX 1,130

Pearson (LON:PSON) had its price target upped by research analysts at Deutsche Bank Aktiengesellschaft from GBX 1,033 to GBX 1,130 in a note issued to investors on Monday,London Stock Exchange reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential downside of 10.46% from the company’s previous close.

Separately, JPMorgan Chase & Co. dropped their price target on Pearson from GBX 1,430 to GBX 1,420 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Pearson presently has an average rating of “Hold” and an average target price of GBX 1,283.33.

Pearson Trading Up 0.4%

Pearson stock opened at GBX 1,262 on Monday. The firm has a 50 day simple moving average of GBX 1,193.60 and a 200-day simple moving average of GBX 1,067.74. Pearson has a 12-month low of GBX 874.80 and a 12-month high of GBX 1,336.50. The stock has a market capitalization of £7.58 billion, a PE ratio of 24.89, a price-to-earnings-growth 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) last released its earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share (EPS) for the quarter. Pearson had a return on equity of 9.13% and a net margin of 8.78%.

About Pearson

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.