Pearson plc (LON:PSON) Insider Sherry Coutu Acquires 731 Shares

Pearson plc (LON:PSON) insider Sherry Coutu bought 731 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average price of GBX 1,282 ($16.26) per share, for a total transaction of £9,371.42 ($11,889.65).

Sherry Coutu also recently made the following trade(s):

• On Monday, September 30th, Sherry Coutu acquired 922 shares of Pearson stock. The shares were purchased at an average price of GBX 1,017 ($12.90) per share, with a total value of £9,376.74 ($11,896.40).

Pearson Trading Down 0.6 %

LON:PSON opened at GBX 1,274.50 ($16.17) on Tuesday. Pearson plc has a one year low of GBX 925.20 ($11.74) and a one year high of GBX 1,285.50 ($16.31). The business has a fifty day moving average price of GBX 1,152.59 and a 200-day moving average price of GBX 1,059.18. The firm has a market capitalization of £8.46 billion, a price-to-earnings ratio of 2,549.00, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. The company has a debt-to-equity ratio of 43.56, a current ratio of 1.78 and a quick ratio of 1.07.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. raised their target price on Pearson from GBX 1,170 ($14.84) to GBX 1,400 ($17.76) and gave the stock an “overweight” rating in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 1,146.75 ($14.55).

About Pearson

Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education.