Pearson (LON:PSON) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Pearson (LON:PSONGet Rating) in a research report sent to investors on Tuesday, Marketbeat.com reports. The brokerage currently has a GBX 900 ($11.03) price objective on the stock.

Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reissued an overweight rating on shares of Pearson in a research note on Friday, May 20th. Shore Capital reissued a buy rating on shares of Pearson in a research note on Thursday, July 28th. Barclays upped their price target on shares of Pearson from GBX 770 ($9.44) to GBX 775 ($9.50) and gave the company an equal weight rating in a research report on Wednesday, July 13th. Berenberg Bank restated a hold rating and set a GBX 742 ($9.09) price target on shares of Pearson in a research report on Tuesday, May 17th. Finally, Morgan Stanley restated an equal weight rating on shares of Pearson in a research report on Wednesday, May 11th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of GBX 863.40 ($10.58).

Pearson Stock Down 0.9 %

PSON opened at GBX 862.20 ($10.56) on Tuesday. The stock has a market cap of £6.38 billion and a PE ratio of 2,416.67. The company has a quick ratio of 1.07, a current ratio of 1.90 and a debt-to-equity ratio of 30.17. Pearson has a 52 week low of GBX 571 ($7.00) and a 52 week high of GBX 888.40 ($10.89). The business’s fifty day simple moving average is GBX 765.16 and its 200 day simple moving average is GBX 730.92.

Pearson Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, September 19th. Stockholders of record on Thursday, August 11th will be issued a dividend of GBX 6.60 ($0.08) per share. The ex-dividend date is Thursday, August 11th. This represents a dividend yield of 0.87%. Pearson’s dividend payout ratio is currently 55.00%.

About Pearson

(Get Rating)

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

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