Pearson (LON:PSON) Now Covered by Analysts at Citigroup

Equities researchers at Citigroup began coverage on shares of Pearson (LON:PSON) in a research note issued to investors on Monday, MarketBeat.com reports. The firm set a “buy” rating and a GBX 1,300 price target on the stock. Citigroup’s target price suggests a potential upside of 21.38% from the company’s previous close.

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Pearson in a report on Wednesday, October 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,296.67.

Pearson Trading Up 1.1%

PSON stock traded up GBX 11.75 on Monday, hitting GBX 1,071.06. 1,690,843 shares of the company were exchanged, compared to its average volume of 36,917,969. The company has a debt-to-equity ratio of 42.49, a current ratio of 1.78 and a quick ratio of 1.07. The stock has a market capitalization of £6.80 billion, a price-to-earnings ratio of 16.43, a price-to-earnings-growth ratio of 0.83 and a beta of 0.31. Pearson has a twelve month low of GBX 978.40 and a twelve month high of GBX 1,401. The business’s fifty day moving average is GBX 1,023.76 and its two-hundred day moving average is GBX 1,053.29.

Insider Buying and Selling at Pearson

In other Pearson news, insider Annette Thomas bought 391 shares of the stock in a transaction dated Tuesday, November 25th. The stock was bought at an average cost of GBX 991 per share, for a total transaction of £3,874.81. Also, insider Omar Abbosh sold 52,025 shares of Pearson stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of GBX 1,051, for a total value of £546,782.75. Insiders own 0.72% of the company’s stock.

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.