Brokerages Set Future plc (LON:FUTR) Target Price at GBX 1,063.40

Future plc (LON:FUTR) has received a consensus recommendation of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,063.40 ($13.98).

FUTR has been the subject of several recent analyst reports. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,464 ($19.25) price objective on shares of Future in a research report on Friday, July 12th. Berenberg Bank upgraded Future to a “buy” rating and lifted their target price for the stock from GBX 850 ($11.18) to GBX 1,310 ($17.23) in a research report on Tuesday, June 4th. Canaccord Genuity Group cut Future to a “sell” rating and upped their target price for the company from GBX 660 ($8.68) to GBX 733 ($9.64) in a research report on Friday, August 9th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Future in a research report on Thursday, May 16th.

Future Price Performance

Future stock opened at GBX 1,049 ($13.79) on Friday. 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 company has a fifty day simple moving average of GBX 1,067.95 and a 200-day simple moving average of GBX 888.84. The stock has a market cap of £1.17 billion, a P/E ratio of 1,380.26, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. Future has a 12-month low of GBX 515.50 ($6.78) and a 12-month high of GBX 1,160 ($15.25).

Future Company Profile

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.