Citigroup Initiates Coverage on Pearson with 'Buy' Rating, No Price Target Set

Citigroup analyst Ciaran Donnelly initiated coverage on Pearson (PSO) with a "Buy" rating. No price target has been set for Pearson (PSO) as of now. Pearson, trading under the ticker PSO, is positioned in the market with the backing of Citigroup's favorable outlook. The "Buy" rating suggests confidence in Pearson's future stock performance. Pearson is a testing and educational provider with a focus on assessment and qualification testing, higher education, English education and testing, virtual learning, prehiring testing and screening, and upskilling/reskilling. The average target price for Pearson PLC (PSO) is $15.70 with a high estimate of $15.70 and a low estimate of $15.70, implying an upside of 9.14% from the current price of $14.39. The estimated GF Value for Pearson PLC (PSO) in one year is $14.20, suggesting a downside of 1.29% from the current price of $14.385.