Pearson (LON:PSON – Get Free Report) had its target price boosted by research analysts at JPMorgan Chase & Co. from GBX 1,400 ($17.14) to GBX 1,450 ($17.75) in a research note issued on Tuesday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 11.97% from the stock’s current price.
Pearson Price Performance
Shares of LON PSON opened at GBX 1,295 ($15.85) on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.78 and a debt-to-equity ratio of 43.56. The company has a market capitalization of £8.60 billion, a PE ratio of 2,590.00, a P/E/G ratio of 0.83 and a beta of 0.31. The firm has a fifty day simple moving average of GBX 1,247.52 and a 200 day simple moving average of GBX 1,106.47. Pearson has a twelve month low of GBX 925.20 ($11.32) and a twelve month high of GBX 1,316 ($16.11).
Insider Activity at Pearson
In other news, insider Omar Abbosh sold 77,989 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of GBX 1,296 ($15.86), for a total transaction of £1,010,737.44 ($1,237,132.73). Also, insider Sherry Coutu bought 731 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was purchased at an average price of GBX 1,282 ($15.69) per share, for a total transaction of £9,371.42 ($11,470.53). 0.35% of the stock is owned by corporate insiders.
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.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in c.200 countries with digital content, assessments, qualifications, and data.
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