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

Future plc (LON:FUTR) has been assigned an average rating of “Hold” from the six research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,063.40 ($14.24).

A number of equities research analysts have weighed in on the company. Shore Capital reiterated a “buy” rating on shares of Future in a research note on Thursday, September 19th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,464 ($19.60) price objective on shares of Future in a research note on Friday, July 12th. Berenberg Bank upgraded shares of Future to a “buy” rating and increased their target price for the stock from GBX 850 ($11.38) to GBX 1,310 ($17.54) in a research note on Tuesday, June 4th. Finally, Canaccord Genuity Group cut Future to a “sell” rating and boosted their price target for the company from GBX 660 ($8.84) to GBX 733 ($9.82) in a research report on Friday, August 9th.

Future Stock Up 2.6 %

FUTR opened at GBX 1,019 ($13.64) on Thursday. The stock has a market capitalization of £1.13 billion, a P/E ratio of 1,340.79, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a debt-to-equity ratio of 32.94, a quick ratio of 0.60 and a current ratio of 0.78. Future has a one year low of GBX 515.50 ($6.90) and a one year high of GBX 1,160 ($15.53). The business’s 50-day simple moving average is GBX 1,060.96 and its 200-day simple moving average is GBX 931.92.

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.