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Pearson ( (GB:PSON) ) has provided an update.
Pearson PLC announced the purchase of 6,705 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, reflecting Pearson’s strategy to enhance shareholder value by reducing the number of shares in circulation, which could potentially improve earnings per share and market positioning.
The most recent analyst rating on (GB:PSON) stock is a Buy with a £1495.00 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 education company that provides a range of educational products and services, including digital learning tools, assessments, and educational content. It focuses on improving learning outcomes and enhancing the educational experience for students and educators worldwide.
Average Trading Volume: 1,772,601
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.2B
See more data about PSON stock on TipRanks’ Stock Analysis page.