Future plc (LON:FUTR) Receives Average Rating of “Hold” from Brokerages

Shares of Future plc (LON:FUTR) have been given an average rating of “Hold” by the six analysts that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is GBX 1,063.40 ($13.58).

A number of brokerages recently weighed in on FUTR. Berenberg Bank upgraded shares of Future to a “buy” rating and lifted their price objective for the company from GBX 850 ($10.85) to GBX 1,310 ($16.73) in a report on Tuesday, June 4th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,464 ($18.69) price target on shares of Future in a report on Friday, July 12th. Canaccord Genuity Group cut Future to a “sell” rating and increased their price objective for the stock from GBX 660 ($8.43) to GBX 733 ($9.36) in a research note on Friday, August 9th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Future in a research report on Thursday, May 16th.

Future Stock Up 0.4 %

LON:FUTR opened at GBX 1,032 ($13.18) on Wednesday. The company has a market cap of £1.17 billion, a price-to-earnings ratio of 1,352.63, a price-to-earnings-growth ratio of 0.64 and a beta of 1.00. Future has a twelve month low of GBX 515.50 ($6.58) and a twelve month high of GBX 1,160 ($14.81). The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 32.94. The stock has a fifty day simple moving average of GBX 1,061.39 and a 200-day simple moving average of GBX 844.39.

About Future

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.