Citi Reaffirms Their Buy Rating on Pearson (PSON)
In a report released yesterday, Ciaran Donnelly from Citi reiterated a Buy rating on Pearson. The company’s shares closed yesterday at p954.40.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Donnelly covers the Communication Services sector, focusing on stocks such as Informa, Pearson, and Publicis Groupe. According to TipRanks, Donnelly has an average return of -17.3% and a 25.45% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pearson with a $16.58 average price target, a -98.26% downside from current levels. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock with a p1,300.00 price target.
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.
Read More on GB:PSON:
Disclaimer & DisclosureReport an Issue
- Pearson Cancels 268,479 Shares in Ongoing £350m Buyback Programme
- Pearson Confirms Share Capital and Voting Rights for FCA Disclosure
- Pearson Cancels Newly Repurchased Shares Under £350m Buyback Plan
- Pearson CFO Sally Johnson to depart, Simon Robson to succeed
- Pearson sees FY26 underlying sales growth in mid-single digits
