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The latest announcement is out from Pearson ( (GB:PSON) ).
Pearson PLC has announced the purchase of 258,753 of its ordinary shares on the London Stock Exchange as part of its ongoing £350 million share buyback program. This transaction is part of the second £175 million tranche, aiming to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and improving the company’s financial metrics.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1176.00 price target. To see the full list of analyst forecasts on Pearson stock, see the GB:PSON Stock Forecast page.
Spark’s Take on GB:PSON Stock
According to Spark, TipRanks’ AI Analyst, GB:PSON is a Outperform.
Pearson’s overall stock score reflects a stable financial outlook with strong cash flow and profitability metrics. The company’s strategic initiatives and growth in key segments are positive, though challenges in revenue growth and technical indicators suggest caution. The valuation is fair, and the earnings call indicates a promising strategic direction.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC is a global education company that provides a range of educational products and services, including digital learning solutions, assessments, and educational content. The company primarily focuses on the education sector, serving schools, higher education institutions, and learners worldwide.
Average Trading Volume: 1,808,224
Technical Sentiment Signal: Hold
Current Market Cap: £6.71B
See more insights into PSON stock on TipRanks’ Stock Analysis page.