UBS Reaffirms Their Buy Rating on Pearson (PSON)

In a report released yesterday, Adam Berlin from UBS maintained a Buy rating on Pearson, with a price target of p1,460.00.

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According to TipRanks, Berlin is a 4-star analyst with an average return of 9.5% and a 54.14% success rate. Berlin covers the Communication Services sector, focusing on stocks such as Informa, Omnicom Group, and Interpublic Group of Companies.

In a report released yesterday, Citi also initiated coverage with a Buy rating on the stock with a p1,300.00 price target.

Based on Pearson’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p1.72 billion and a net profit of p164 million. In comparison, last year the company earned a revenue of p1.75 billion and had a net profit of p157 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PSON in relation to earlier this year.