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An announcement from Pearson ( (GB:PSON) ) is now available.
Pearson PLC has announced the purchase of 113,187 of its own ordinary shares as part of its ongoing £350 million buyback program. This transaction, executed through Citigroup Global Markets Limited, forms part of the second £175 million tranche of the program, reflecting Pearson’s strategic focus on enhancing shareholder value and optimizing its capital structure.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1460.00 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 services to institutions, governments, and individual learners. The company focuses on leveraging technology to enhance learning experiences and improve educational outcomes globally.
Average Trading Volume: 1,781,993
Technical Sentiment Signal: Hold
Current Market Cap: £6.59B
See more insights into PSON stock on TipRanks’ Stock Analysis page.