Pearson plc (PSON) Trading Down 1.2%
Pearson plc (LON:PSON)’s share price fell 1.2% during trading on Tuesday . The stock traded as low as GBX 605.50 ($8.03) and last traded at GBX 607 ($8.05). 1,786,483 shares were traded during trading, a decline of 43% from the average session volume of 3,133,910 shares. The stock had previously closed at GBX 614.50 ($8.15).
Several research firms have commented on PSON. Goldman Sachs Group, Inc. (The) dropped their target price on shares of Pearson plc from GBX 519 ($6.88) to GBX 495 ($6.57) and set a “sell” rating on the stock in a research report on Monday, June 19th. Liberum Capital reissued a “sell” rating and set a GBX 360 ($4.78) target price on shares of Pearson plc in a research report on Thursday, June 29th. Barclays PLC reissued an “equal weight” rating and set a GBX 705 ($9.35) target price on shares of Pearson plc in a research report on Friday, July 7th. Shore Capital reissued a “hold” rating on shares of Pearson plc in a research report on Tuesday, July 11th. Finally, Numis Securities Ltd reissued a “sell” rating and set a GBX 490 ($6.50) target price on shares of Pearson plc in a research report on Tuesday, July 11th. Six analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 678.67 ($9.00).
The firm’s market cap is GBX 4.99 billion. The stock’s 50 day moving average price is GBX 599.17 and its 200 day moving average price is GBX 652.37.
The business also recently announced a dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 17th were issued a GBX 5 ($0.07) dividend. This represents a yield of 0.8%. The ex-dividend date of this dividend was Thursday, August 17th.
In other Pearson plc news, insider Tim Score purchased 2,610 shares of the firm’s stock in a transaction on Friday, September 29th. The shares were acquired at an average cost of GBX 604 ($8.01) per share, for a total transaction of £15,764.40 ($20,910.47).
Pearson plc Company Profile
Pearson plc (Pearson) is a learning company. The Company delivers learning through providing a range of educational products and services to institutions, governments, professional bodies and individual learners. The Company operates through three segments, which include North America, Core and Growth.
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