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

fuboTV Inc. (NYSE:FUBOGet Rating) has received a consensus recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat.com 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 target price among brokerages that have issued a report on the stock in the last year is $7.46.

FUBO has been the subject of a number of research analyst reports. Wedbush raised shares of fuboTV from a “neutral” rating to an “outperform” rating and set a $6.00 target price for the company in a research note on Friday, September 23rd. Needham & Company LLC dropped their target price on shares of fuboTV from $7.00 to $4.50 and set a “buy” rating for the company in a research note on Friday, November 4th. Finally, Evercore ISI boosted their target price on shares of fuboTV from $5.00 to $8.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 17th.

fuboTV Trading Up 3.0 %

Shares of NYSE FUBO opened at $2.79 on Friday. fuboTV has a 1-year low of $2.32 and a 1-year high of $21.85. The company has a market cap of $544.94 million, a PE ratio of -0.90 and a beta of 3.04. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average of $3.70 and a two-hundred day moving average of $3.42.

Institutional Investors Weigh In On fuboTV

Several institutional investors have recently modified their holdings of the business. Apollon Wealth Management LLC grew its holdings in fuboTV by 29.4% during the second quarter. Apollon Wealth Management LLC now owns 13,200 shares of the company’s stock valued at $33,000 after purchasing an additional 3,000 shares during the period. Teacher Retirement System of Texas grew its holdings in fuboTV by 16.7% during the third quarter. Teacher Retirement System of Texas now owns 25,227 shares of the company’s stock valued at $90,000 after purchasing an additional 3,613 shares during the period. Rhumbline Advisers grew its holdings in fuboTV by 3.1% during the first quarter. Rhumbline Advisers now owns 136,589 shares of the company’s stock valued at $897,000 after purchasing an additional 4,073 shares during the period. Ensign Peak Advisors Inc grew its holdings in fuboTV by 31.5% during the first quarter. Ensign Peak Advisors Inc now owns 17,350 shares of the company’s stock valued at $114,000 after purchasing an additional 4,160 shares during the period. Finally, Foundations Investment Advisors LLC grew its holdings in fuboTV by 10.4% during the third quarter. Foundations Investment Advisors LLC now owns 54,707 shares of the company’s stock valued at $194,000 after purchasing an additional 5,154 shares during the period. Institutional investors and hedge funds own 42.59% of the company’s stock.

fuboTV Company Profile

(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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