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Pearson ( (GB:PSON) ) has issued an update.
Pearson PLC has announced the purchase of 18,454 of its ordinary shares on the London Stock Exchange as part of its ongoing £350 million buyback program. This transaction is part of the second £175 million tranche, which aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and improving the company’s market position.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1187.00 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 strong financial performance and strategic growth initiatives, particularly in Higher Education and Enterprise Learning. However, challenges in revenue growth and specific segments, along with mixed technical indicators, temper the outlook. The company’s valuation is fair, with a reasonable P/E ratio and dividend yield, supporting a stable investment profile.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC is a global leader in the education industry, providing a wide range of educational products and services. The company focuses on delivering educational content, assessments, and digital learning solutions to students and educational institutions worldwide.
Average Trading Volume: 1,812,200
Technical Sentiment Signal: Hold
Current Market Cap: £6.75B
For detailed information about PSON stock, go to TipRanks’ Stock Analysis page.