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Pearson ( (GB:PSON) ) just unveiled an announcement.
Pearson PLC has announced the purchase of 94,413 of its ordinary shares on the London Stock Exchange as part of its £350 million buyback program. This move is part of the second £175 million tranche, demonstrating Pearson’s commitment to returning value to its shareholders and potentially enhancing its share value in the market.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1196.00 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, bolstered by positive strategic direction and growth potential highlighted in the earnings call. While technical indicators and valuation suggest a fair market position, challenges in revenue growth and external headwinds are notable risks.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC is a leading company in the education industry, offering a wide range of educational products and services. The company focuses on providing digital learning solutions, educational content, and assessments to schools, universities, and individual learners worldwide.
Average Trading Volume: 1,975,021
Technical Sentiment Signal: Buy
Current Market Cap: £6.94B
See more insights into PSON stock on TipRanks’ Stock Analysis page.