YouGov PLC (AIM:YOU) is not likely to make any big strategic changes as a result of chief executive Stephan Shakespeare stepping down, said broker Peel Hunt.
As the company posted final results for the year to end-July, analyst Jessica Pok said the "big news" was that co-founder Shakespeare will step down as CEO and move to the chair position.
"Despite the leadership change, we expect the strategic direction of YouGov will be maintained," she said.
Peel Hunt's earnings per share forecast for the new year was upgraded by 4% to reflect a lower tax rate.
But, due to changes in interest rate expectations, the target price was cut to 1,440p from 1,800p, though with a 'buy' recommendation maintained.