Pearson (LON:PSON) Stock Keeps Hold Rating at Deutsche Bank Aktiengesellschaft

Pearson (LON:PSON)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a 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 objective points to a potential downside of 17.43% from the company’s previous close.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. decreased their price objective on shares of Pearson from GBX 1,420 to GBX 1,360 and set a “neutral” rating on the stock in a report on Thursday, September 10th. Citigroup boosted their target price on shares of Pearson from GBX 1,300 to GBX 1,345 and gave the stock a “neutral” rating in a research note on Wednesday, September 2nd. Three investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of GBX 1,278.33.

Pearson Price Performance

PSON traded down GBX 2.50 during trading on Friday, hitting GBX 1,368.50. The company’s stock had a trading volume of 134,396,031 shares, compared to its average volume of 29,968,025. The company has a current ratio of 2.00, a quick ratio of 1.07 and a debt-to-equity ratio of 52.56. Pearson has a twelve month low of GBX 874.80 and a twelve month high of GBX 1,389.50. The business’s fifty day simple moving average is GBX 1,233.60 and its 200 day simple moving average is GBX 1,183.15. The firm has a market capitalization of £8.23 billion, a price-to-earnings ratio of 27.37, a P/E/G ratio of 0.83 and a beta of 0.34.

Pearson (LON:PSON) last announced its earnings results on Friday, July 31st. The company reported GBX 28.90 earnings per share 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.