JPMorgan upgrades Pearson, says shares oversold

23rd Aug 2021 10:46

(Sharecast News) - JPMorgan Cazenove upgraded its stance on education publisher Pearson to 'overweight' from 'neutral' on Monday, lifting the price target to 960p from 840p as it argued the shares have oversold.

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Pearson to pay $1m to settle charges it misled investors about data breach

16th Aug 2021 16:59

(Sharecast News) - Education publisher Pearson will pay $1m to settle charges that it misled investors about a data breach in 2018 involving the theft of millions of student records, including dates of birth and email addresses.

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Pearson launches new student app as US growth drives swing to profits

30th Jul 2021 07:33

(Sharecast News) - Education publisher Pearson on Friday launched an app for US college students as it planned to expand its footprint in the digital marketplace after reporting better than expected first-half profit and underlying sales as demand for online learning increased.

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Pearson rallies on Exane upgrade to 'outperform'

6th May 2021 10:12

(Sharecast News) - Pearson rallied on Thursday as Exane BNP Paribas upgraded its stance on shares of the education publisher to 'outperform' and hiked the price target to 950p from 700p.

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Monday broker round-up

26th Apr 2021 12:40

(Sharecast News) - Pearson: Bank of America reiterates buy with a target price of 895p.

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London open: Stocks dip despite tentative moves to reopen international travel

26th Apr 2021 08:38

(Sharecast News) - Stocks are coming under a little bit of selling pressure at the start of trading on Monday as investors monitor the headlines out of Asia concerning the epidemic and its possible impact on economies.

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Pearson Q1 revenues up 5%, maintains 2021 guidance

26th Apr 2021 07:01

(Sharecast News) - Educational publisher Pearson reported underlying first quarter revenue growth of 5% driven by demand for global online learning as it maintained annual guidance.

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Wednesday broker round-up

10th Mar 2021 13:21

(Sharecast News) - Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.

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BofA Merrill Lynch reiterates 'overweight' on Pearson, hikes price target

10th Mar 2021 12:15

(Sharecast News) - Bank of America Merrill Lynch upped its price target on educational publisher Pearson and reiterated its 'overweight' rating following the release of its full-year results.

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Director dealings: Pearson director makes share purchase

9th Mar 2021 16:48

(Sharecast News) - Pearson revealed on Tuesday that non-executive director Graeme Pitkethly had acquired 6,075 ordinary shares in the FTSE 100-listed education publishing and assessment service.

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Tuesday broker round-up

9th Mar 2021 13:05

(Sharecast News) - Aston Martin: HSBC upgrades to buy with a target price of 2,750p.

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SocGen cuts rating, ups price target on Pearson

9th Mar 2021 08:47

(Sharecast News) - Société Générale has downgraded its rating for Pearson to 'hold' after a strong run for the blue chip's shares.

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Monday broker round-up

8th Mar 2021 13:00

(Sharecast News) - Entain: Numis upgrades to add with a target price of 1,675p.

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Pearson holds dividend as it plans to target consumers directly

8th Mar 2021 07:00

(Sharecast News) - Educational publisher Pearson maintained its dividend as it delivered lower annual profits offset by a rise in online learning, reflecting school closures during the Covid-19 pandemic, and said it would refocus the business towards a direct-to-consumer model.

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Pearson slumps after double downgrade by UBS

1st Feb 2021 15:43

(Sharecast News) - UBS downgraded its recommendation on education publisher Pearson on Monday to 'sell' from 'buy' and cut the price target to 730p from 741p, noting the stock is up around 60% in the last three months and trading at 19x the bank's FY22 earnings per share estimates.

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