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Pearson ( (GB:PSON) ) has provided an update.
Pearson PLC announced the purchase of 82,216 of its ordinary shares on the London Stock Exchange as part of its £350 million share buyback program. This transaction, executed by Morgan Stanley & Co. International plc, represents a strategic move to enhance shareholder value by reducing the number of shares outstanding, which can potentially increase earnings per share and strengthen the company’s market position.
The most recent analyst rating on (GB:PSON) stock is a Hold with a £10.55 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 stock score reflects strong financial stability and strategic initiatives, despite challenges in revenue growth. The earnings call provided positive guidance, highlighting strategic partnerships and AI integration as key growth drivers. Technical indicators suggest short-term pressures, but the long-term outlook is supported by a reasonable valuation and proactive corporate actions like share buybacks.
To see Spark’s full report on GB:PSON stock, click here.
More about Pearson
Pearson PLC is a leading education company, primarily focusing on providing educational materials, technologies, assessments, and services to institutions, educators, and learners worldwide. The company is well-known for its publishing and educational services, with a strong presence in the education sector.
Average Trading Volume: 1,895,469
Technical Sentiment Signal: Buy
Current Market Cap: £7.62B
See more data about PSON stock on TipRanks’ Stock Analysis page.