YouGov (LON:YOU) Shares Down 9.5% After Analyst Downgrade

Key Points

• YouGov's stock price fell 9.5% following an analyst downgrade by Berenberg Bank, which lowered its price target from GBX 760 to GBX 600.
• Despite the downgrade, YouGov maintains a buy rating from two analysts, with an average target price of GBX 582.50.
• Insider activities included a sale of 76,486 shares by Alex McIntosh and a purchase of 86,715 shares by Stephan Shakespeare, indicating mixed confidence among insiders.

YouGov plc (LON:YOU - Get Free Report)'s share price was down 9.5% during mid-day trading on Tuesday after Berenberg Bank lowered their price target on the stock from GBX 760 to GBX 600. Berenberg Bank currently has a buy rating on the stock. YouGov traded as low as GBX 255.16 ($3.40) and last traded at GBX 260.50 ($3.47). Approximately 5,945,965 shares traded hands during mid-day trading, an increase of 682% from the average daily volume of 760,019 shares. The stock had previously closed at GBX 288 ($3.84).

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 565 price objective on shares of YouGov in a research note on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, YouGov presently has a consensus rating of "Buy" and an average target price of GBX 582.50.

Insider Activity at YouGov

In other YouGov news, insider Alex McIntosh sold 76,486 shares of the firm's stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of GBX 340, for a total value of £260,052.40. Also, insider Stephan Shakespeare purchased 86,715 shares of the company's stock in a transaction on Thursday, August 28th. The stock was purchased at an average price of GBX 346 per share, for a total transaction of £300,033.90. 13.38% of the stock is currently owned by company insiders.

YouGov Stock Down 9.5%

The firm's 50 day simple moving average is GBX 324.16 and its 200 day simple moving average is GBX 319.60. The company has a market cap of £305.29 million, a price-to-earnings ratio of 37,214.29, a price-to-earnings-growth ratio of 0.71 and a beta of 1.06. The company has a quick ratio of 0.99, a current ratio of 0.77 and a debt-to-equity ratio of 130.35.

YouGov (LON:YOU - Get Free Report) last posted its quarterly earnings data on Tuesday, October 14th. The company reported GBX 31.70 earnings per share (EPS) for the quarter. YouGov had a negative net margin of 0.69% and a negative return on equity of 1.23%. Sell-side analysts anticipate that YouGov plc will post 41.8853256 EPS for the current fiscal year.

YouGov Company Profile

YouGov is an international research and data analytics group. Our mission is to supply a continuous stream of accurate data into what the world thinks, so that organisations can better serve the communities that sustain them. Our 22 million registered members provide us with a highly engaged proprietary panel that delivers thousands of data points on consumer opinions, attitudes and behaviour on a daily basis.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.