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

Key Points

• YouGov's stock price dropped 9.5% after Berenberg Bank reduced its price target from GBX 760 to GBX 600, although they maintain a buy rating on the shares.
• An insider purchased 86,715 shares at GBX 346 each while another insider sold 76,486 shares at GBX 340, indicating significant trading activity among company insiders.
• Despite the recent downgrade, the stock has a consensus rating of "Buy" and a target price of GBX 582.50, according to analysts.

YouGov plc (LON:YOU - Get Free Report)'s stock price fell 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). 5,945,965 shares traded hands during mid-day trading, an increase of 682% from the average session volume of 760,019 shares. The stock had previously closed at GBX 288 ($3.84).

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 565 price objective on shares of YouGov in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 582.50.

Insiders Place Their Bets

In related news, insider Stephan Shakespeare bought 86,715 shares of the business's stock in a transaction on Thursday, August 28th. The shares were purchased at an average cost 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 shares were sold at an average price of GBX 340, for a total value of £260,052.40. Company insiders own 13.38% of the company's stock.

YouGov Stock Down 9.5%

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's fifty day simple moving average is GBX 324.16 and its 200 day simple moving average is GBX 319.60. The firm has a market capitalization of £305.29 million, a PE ratio of 37,214.29, a price-to-earnings-growth ratio of 0.71 and a beta of 1.06.

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