YouGov (LON:YOU) Trading Down 9.5% Following Analyst Downgrade

Key Points

• YouGov shares fell 9.5% after Berenberg Bank downgraded their price target from GBX 760 to GBX 600, although the bank maintained a buy rating on the stock.
• Deutsche Bank reaffirmed a buy rating and set a price target of GBX 565, contributing to a consensus rating of Buy from analysts.
• Insider transactions included the sale of 76,486 shares by Alex McIntosh and the purchase of 86,715 shares by Stephan Shakespeare, highlighting continued interest from company executives.

Shares of YouGov plc (LON:YOU - Get Free Report) traded down 9.5% during trading on Wednesday 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 were traded during 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 reaffirmed a "buy" rating and set a GBX 565 price target 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, YouGov currently has a consensus rating of "Buy" and an average target price of GBX 582.50.

Insider Activity

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

YouGov Stock Down 9.5%

The firm has a fifty day simple moving average of GBX 324.16 and a 200-day simple moving average of GBX 319.60. The company has a market capitalization of £305.29 million, a P/E ratio of 37,214.29, a P/E/G 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 announced its quarterly earnings results 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%. On average, equities research analysts expect 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.