Deutsche Bank Aktiengesellschaft Reaffirms Hold Rating for Pearson (LON:PSON)

Pearson (LON:PSON)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday, Digital Look reports. They currently have a GBX 1,130 price target on the stock. Deutsche Bank Aktiengesellschaft‘s price target indicates a potential downside of 17.40% from the company’s previous close.

Several other equities research analysts have also commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of 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. Citigroup boosted their price objective on Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research report on Wednesday, September 2nd. Three analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of GBX 1,278.33.

Pearson Stock Performance

Shares of PSON traded down GBX 3 during midday trading on Friday, hitting GBX 1,368. 2,847,838 shares of the stock traded hands, compared to its average volume of 29,326,326. Pearson has a 1-year low of GBX 874.80 and a 1-year high of GBX 1,389.50. The firm has a market capitalization of £8.22 billion, a PE ratio of 27.36, 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 quick ratio of 1.07 and a current ratio of 2.00. The business’s 50 day moving average price is GBX 1,230.25 and its two-hundred day moving average price is GBX 1,181.84.

Pearson (LON:PSON) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 28.90 EPS for the quarter. Pearson had a net margin of 8.78% and a return on equity of 9.13%.

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.