1 day Ago By ABMN Staff
Pearson plc ( LON:PSON – Get Free Report )’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,006.52 ($13.
30) and traded as high as GBX 1,040.50 ($13.75).
Pearson shares last traded at GBX 1,024 ($13.53), with a volume of 1,417,131 shares. Analysts Set New Price Targets PSON has been the subject of several research analyst reports.
Deutsche Bank Aktiengesellschaft upped their target price on shares of Pearson from GBX 1,050 ($13.87) to GBX 1,052 ($13.90) and gave the company a “hold” rating in a report on Friday, July 5th.
Shore Capital reaffirmed a “buy” rating on shares of Pearson in a report on Monday, July 29th. Finally, Citigroup reiterated a “buy” rating and set a GBX 1,170 ($15.46) target price on shares of Pearson in a research report on Monday, July 8th.
Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 1,101.
75 ($14.55). Read Our Latest Report on Pearson Pearson Stock Performance Pearson Cuts Dividend The firm also recently announced a dividend, which was paid on Monday, September 16th.
Stockholders of record on Thursday, August 8th were issued a GBX 7.40 ($0.10) dividend.
The ex-dividend date of this dividend was Thursday, August 8th. This represents a dividend yield of 0.7%.
Pearson’s payout ratio is 4,600.00%. Insider Buying and Selling In related news, insider Annette Thomas bought 383 shares of the stock in a transaction on Friday, June 28th.
The shares were bought at an average cost of GBX 985 ($13.01) per share, for a total transaction of £3,772.55 ($4,983.
55). Corporate insiders own 0.35% of the company’s stock.
About Pearson ( Get Free Report ) Pearson plc offers educational courseware, assessments, and services in the United Kingdom, the United States, Canada, the Asia Pacific, other European countries, and internationally. The company operates through five segments: Assessment & Qualifications, Virtual Learning, English Language Learning, Workforce Skills, and Higher Education. Featured Articles Receive News & Ratings for Pearson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pearson and related companies with MarketBeat.
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