YouGov (LON:YOU) Stock Price Up 2.6% – Should You Buy?

YouGov plc (LON:YOU) shares rose 2.6% during trading on Thursday. The stock traded as high as GBX 283.60 and last traded at GBX 280. 340,550 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 981,081 shares. The stock had previously closed at GBX 273.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on YOU shares. Berenberg Bank restated a “buy” rating and issued a GBX 395 price target on shares of YouGov in a research note on Tuesday, October 13th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 460 price objective on shares of YouGov in a report on Thursday, October 15th. Finally, JPMorgan Chase & Co. increased their price objective on YouGov from GBX 360 to GBX 375 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Five investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, YouGov currently has an average rating of “Buy” and an average target price of GBX 418.

YouGov Trading Up 2.6%

The company has a market cap of £326.97 million, a price-to-earnings ratio of 58.33, a PEG ratio of 0.71 and a beta of 1.41. The company has a debt-to-equity ratio of 108.09, a current ratio of 0.73 and a quick ratio of 0.99. The business’s 50-day simple moving average is GBX 273.37 and its 200-day simple moving average is GBX 229.82.

YouGov (LON:YOU) last released its quarterly earnings results on Tuesday, October 13th. The company reported GBX 30.20 EPS for the quarter. YouGov had a net margin of 1.44% and a return on equity of 3.05%. Research analysts predict that YouGov plc will post 41.89 earnings per share for the current fiscal year.

YouGov Company Profile

YouGov is a global research data and analytics group. Our mission is to offer unparalleled insight into what the world really thinks and does. With operations in the Americas, Mainland Europe, UK and Asia Pacific, we have one of the world’s largest research networks. Above all, YouGov is powered by reality. That stems from a unique panel of millions of registered members across 64 markets, encapsulating some 18 million shopping trips and millions of interconnected data points. Our unique approach to recruiting and engaging with our panel, combined with our state-of-the-art technology platforms, enables us to deliver real-world, real-time insights that lead to better decision-making and a competitive advantage for our clients.