Berenberg Bank Begins Coverage on fuboTV (OTCMKTS:FUBO)

Berenberg Bank began coverage on shares of fuboTV (OTCMKTS:FUBO) in a research report sent to investors on Thursday, Anlyst Ratings reports. The brokerage issued a buy rating and a $28.00 target price on the stock.

Several other equities analysts have also recently issued reports on the company. Roth Capital initiated coverage on fuboTV in a research report on Monday, November 2nd. They set a buy rating and a $20.00 price target on the stock. Evercore ISI initiated coverage on fuboTV in a research report on Monday, November 2nd. They set an outperform rating and a $18.00 price target on the stock. Oppenheimer initiated coverage on fuboTV in a research report on Monday, November 2nd. They set an outperform rating and a $17.00 price target on the stock. BMO Capital Markets initiated coverage on fuboTV in a research report on Monday, November 2nd. They set an outperform rating and a $18.00 price target on the stock. Finally, Needham & Company LLC lifted their price target on fuboTV from $17.00 to $20.00 and gave the company a buy rating in a research report on Wednesday, November 11th. Six analysts have rated the stock with a buy rating, The company has a consensus rating of Buy and an average target price of $20.17.

Shares of fuboTV stock opened at $23.65 on Thursday. The firm’s fifty day simple moving average is $13.60. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.12 billion, a P/E ratio of -3.11 and a beta of 2.20. fuboTV has a 1-year low of $5.00 and a 1-year high of $24.50.

fuboTV (OTCMKTS:FUBO) last announced its earnings results on Tuesday, November 10th. The company reported ($1.65) earnings per share for the quarter, missing the consensus estimate of ($0.40) by ($1.25). The business had revenue of $61.20 million during the quarter, compared to analysts’ expectations of $53.78 million.

In other fuboTV news, Chairman Edgar Bronfman, Jr. purchased 200,000 shares of the stock in a transaction dated Tuesday, October 13th. The shares were acquired at an average price of $10.00 per share, for a total transaction of $2,000,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 41.92% of the company’s stock.

fuboTV Company Profile

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

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Analyst Recommendations for fuboTV (OTCMKTS:FUBO)

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