Oppenheimer analyst Jason Helfstein assigned a Buy rating to fuboTV (FUBO) today and set a price target of $45.00. The company’s shares closed last Tuesday at $41.89.
According to TipRanks.com, Helfstein is a top 25 analyst with an average return of 52.8% and a 74.6% success rate. Helfstein covers the Technology sector, focusing on stocks such as Opendoor Technologies, Spotify Technology SA, and Zillow Group Class C.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for fuboTV with a $42.83 average price target, a -0.9% downside from current levels. In a report issued on February 25, Wedbush also maintained a Buy rating on the stock with a $50.00 price target.
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fuboTV’s market cap is currently $4.56B and has a P/E ratio of -2.70. The company has a Price to Book ratio of -5.24.
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FaceBank Group, Inc. engages in the development of hyper-realistic digital humans – computer generated assets which can be distributed across the full spectrum of traditional media and emerging display technologies. This includes live entertainment, virtual reality, augmented reality, mobile, interactive, and artificial intelligence applications. The company was founded by Alexander C. Bafer and Christopher Leone on February 20, 2009 and is headquartered in New York, NY.
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