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

Key Points

• YouGov shares fell by 9.5% after Berenberg Bank downgraded their price target from GBX 760 to GBX 600, although they maintain a buy rating.
• Deutsche Bank reaffirmed a buy rating with a price target of GBX 565, while the average target price among analysts is GBX 582.50.
• Insider trading activity included the purchase of 86,715 shares by insider Stephan Shakespeare and the sale of 76,486 shares by Alex McIntosh.

YouGov plc (LON:YOU - Get Free Report) shares dropped 9.5% 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 were traded during 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 reaffirmed a "buy" rating and set a GBX 565 price objective on shares of YouGov in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, YouGov presently has an average rating of "Buy" and an average target price of GBX 582.50.

Insider Activity

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

YouGov Price Performance

The company has a 50 day moving average price of GBX 324.16 and a 200-day moving average price of GBX 319.60. The company has a quick ratio of 0.99, a current ratio of 0.77 and a debt-to-equity ratio of 130.35. The company has a market cap of £305.29 million, a price-to-earnings ratio of 37,214.29, a P/E/G ratio of 0.71 and a beta of 1.06.

YouGov (LON:YOU - Get Free Report) last released 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 return on equity of 1.23% and a negative net margin of 0.69%. As a group, equities research analysts predict that YouGov plc will post 41.8853256 EPS for the current fiscal year.

About YouGov

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.

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