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An announcement from Pearson ( (GB:PSON) ) is now available.
Pearson PLC announced the purchase of 200,000 of its own shares on the London Stock Exchange as part of its £350 million buyback program. This move is part of the second £175 million tranche, reflecting the company’s strategy to enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1490.00 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. While technical indicators suggest caution, the company’s solid cash flow and reasonable valuation provide a stable investment outlook. The earnings call reinforced confidence in future growth, despite some operational challenges.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC operates in the education industry, providing educational materials, technologies, assessments, and related services to schools, colleges, and universities worldwide.
Average Trading Volume: 1,787,569
Technical Sentiment Signal: Hold
Current Market Cap: £6.77B
Learn more about PSON stock on TipRanks’ Stock Analysis page.