Future (LON:FUTR) Given “Buy” Rating at Shore Capital

Shore Capital reissued their buy rating on shares of Future (LON:FUTR) in a research report released on Thursday morning, MarketBeat Ratings reports.

A number of other brokerages have also weighed in on FUTR. Canaccord Genuity Group lowered Future to a sell rating and upped their price objective for the stock from GBX 660 ($8.72) to GBX 733 ($9.68) in a report on Friday, August 9th. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 1,464 ($19.34) price target on shares of Future in a report on Friday, July 12th. Finally, Berenberg Bank raised shares of Future to a buy rating and boosted their price objective for the stock from GBX 850 ($11.23) to GBX 1,310 ($17.31) in a report on Tuesday, June 4th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat.com, Future currently has an average rating of Hold and a consensus target price of GBX 1,063.40 ($14.05).

Future Price Performance

Shares of LON:FUTR opened at GBX 1,061 ($14.02) on Thursday. The company has a debt-to-equity ratio of 32.94, a current ratio of 0.78 and a quick ratio of 0.60. The firm has a market capitalization of £1.18 billion, a P/E ratio of 1,417.36, a P/E/G ratio of 0.64 and a beta of 1.01. The company’s fifty day moving average price is GBX 1,067.22 and its 200 day moving average price is GBX 911.09. Future has a 12 month low of GBX 515.50 ($6.81) and a 12 month high of GBX 1,160 ($15.32).

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.