YouGov (LON:YOU) Stock Price Breaks Above 50-Day Moving Average – What’s Next?

YouGov plc (LON:YOU) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 273.37 and traded as high as GBX 283.60. YouGov shares last traded at GBX 280, with a volume of 340,550 shares trading hands.

Wall Street Analyst Weigh In

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

YouGov Price Performance

The company’s 50-day simple moving average is GBX 273.37 and its 200-day simple moving average is GBX 229.82. 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 stock has a market capitalization of £322.54 million, a price-to-earnings ratio of 57.54, a P/E/G ratio of 0.71 and a beta of 1.41.

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

About YouGov

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.