Pearson (LON:PSON) Raised to “Buy” at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Pearson (LON:PSONGet Rating) to a buy rating in a report released on Tuesday morning, MarketBeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has GBX 900 ($11.02) target price on the stock, up from their previous target price of GBX 625 ($7.66).

Several other research analysts have also recently weighed in on PSON. Citigroup reiterated a buy rating and set a GBX 1,000 ($12.25) price objective on shares of Pearson in a research report on Thursday, March 10th. Berenberg Bank reiterated a hold rating and set a GBX 742 ($9.09) price objective on shares of Pearson in a research report on Tuesday, May 17th. Shore Capital restated a buy rating on shares of Pearson in a research report on Friday, April 29th. JPMorgan Chase & Co. restated an overweight rating on shares of Pearson in a research report on Friday, May 20th. Finally, Barclays raised their price target on Pearson from GBX 755 ($9.25) to GBX 770 ($9.43) and gave the stock an equal weight rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of Hold and a consensus price target of GBX 843.67 ($10.33).

PSON stock opened at GBX 768.20 ($9.41) on Tuesday. The company has a debt-to-equity ratio of 33.51, a current ratio of 2.04 and a quick ratio of 1.28. The stock has a market capitalization of £5.71 billion and a price-to-earnings ratio of 36.76. The business’s fifty day moving average price is GBX 761.58 and its two-hundred day moving average price is GBX 695.79. Pearson has a fifty-two week low of GBX 571 ($6.99) and a fifty-two week high of GBX 883.60 ($10.82).

In other news, insider Sally Johnson sold 3,810 shares of Pearson stock in a transaction dated Thursday, March 31st. The stock was sold at an average price of GBX 753 ($9.22), for a total transaction of £28,689.30 ($35,141.23).

Pearson Company Profile (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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