fuboTV Inc. (NYSE:FUBO) Given Consensus Rating of “Hold” by Analysts

Shares of fuboTV Inc. (NYSE:FUBOGet Rating) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $7.46.

A number of equities analysts have commented on the stock. Evercore ISI boosted their price objective on shares of fuboTV from $5.00 to $8.00 and gave the stock an “outperform” rating in a report on Wednesday, August 17th. Needham & Company LLC cut their target price on shares of fuboTV from $7.00 to $4.50 and set a “buy” rating on the stock in a research note on Friday, November 4th. Finally, Wedbush upgraded shares of fuboTV from a “neutral” rating to an “outperform” rating and set a $6.00 target price on the stock in a research note on Friday, September 23rd.

fuboTV Stock Performance

Shares of FUBO stock opened at $2.79 on Friday. fuboTV has a 12 month low of $2.32 and a 12 month high of $21.85. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $544.94 million, a P/E ratio of -0.90 and a beta of 3.04. The company’s fifty day moving average price is $3.70 and its two-hundred day moving average price is $3.42.

Institutional Investors Weigh In On fuboTV

A number of institutional investors have recently modified their holdings of FUBO. Grimes & Company Inc. acquired a new stake in shares of fuboTV in the 2nd quarter valued at about $25,000. Signify Wealth acquired a new stake in fuboTV during the second quarter worth about $26,000. Brinker Capital Investments LLC acquired a new stake in fuboTV during the second quarter worth about $26,000. Bluefin Capital Management LLC acquired a new stake in fuboTV during the second quarter worth about $26,000. Finally, Sawtooth Solutions LLC acquired a new stake in fuboTV during the second quarter worth about $30,000. Institutional investors and hedge funds own 42.59% of the company’s stock.

About fuboTV

(Get Rating)

fuboTV Inc operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.

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Analyst Recommendations for fuboTV (NYSE:FUBO)

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