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Pearson (PSON) Gets a Buy from Goldman Sachs

Tipranks - Tipranks - Tue Mar 3, 3:49AM CST

Goldman Sachs analyst James Tate CFA reiterated a Buy rating on Pearson today and set a price target of p1,300.00.

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Tate CFA covers the Communication Services sector, focusing on stocks such as Informa, Pearson, and JCDecaux SA. According to TipRanks, Tate CFA has an average return of -6.7% and a 24.14% success rate on recommended stocks.

In addition to Goldman Sachs, Pearson also received a Buy from Citi’s Ciaran Donnelly in a report issued today. However, yesterday, TipRanks – OpenAI downgraded Pearson (LSE: PSON) to a Hold.

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Based on Pearson’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p1.86 billion and a net profit of p171 million. In comparison, last year the company earned a revenue of p1.8 billion and had a net profit of p277 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.

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