By Michele Maatouk
Date: Friday 01 Oct 2021
LONDON (ShareCast) - (Sharecast News) - Citi said on Friday that the overall risk/reward on education publisher Pearson "tilts positively".
The bank, which rates the shares at 'buy', said there is a risk in the run-up to the third quarter that Pearson investors "miss the wood for the trees".
Citi noted that for the first time in more than a decade, there is a prospect of enrolment growth in US higher education. It also said that Pearson+ will likely be additive to growth over time and could be a catalyst for a re-rating.
Finally, the bank said the recent selloff in the shares has created an "interesting valuation opportunity".
At 1035 BST, the shares were up 2.8% at 731.60p.
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Currency | UK Pounds |
Share Price | 1,009.50p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 1,042.00 |
52 Week Low | 754.00 |
Volume | 0 |
Shares Issued | 678.78m |
Market Cap | £6,852m |
RiskGrade | 238 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 3 |
Buy | 4 |
Neutral | 4 |
Sell | 0 |
Strong Sell | 1 |
Total | 12 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 21-Mar-24 | 10-Aug-23 |
Paid | 03-May-24 | 18-Sep-23 |
Amount | 15.70p | 7.00p |
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