Future plc (LON:FUTR) Receives Average Recommendation of “Buy” from Analysts

Shares of Future plc (LON:FUTRGet Rating) have been assigned a consensus rating of “Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 3,418.60 ($43.02).

FUTR has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on Future from GBX 4,512 ($56.78) to GBX 3,253 ($40.93) and set a “buy” rating for the company in a research report on Thursday, May 19th. Shore Capital reissued a “buy” rating on shares of Future in a research report on Thursday, May 12th. Barclays cut their price objective on Future from GBX 3,300 ($41.53) to GBX 2,750 ($34.60) and set an “overweight” rating for the company in a research report on Thursday, May 19th. Finally, Berenberg Bank cut their price objective on Future from GBX 5,225 ($65.75) to GBX 3,600 ($45.30) and set a “buy” rating for the company in a research report on Wednesday, May 18th.

In other news, insider Zillah Byng-Thorne purchased 5,182 shares of the stock in a transaction that occurred on Wednesday, May 18th. The shares were purchased at an average cost of GBX 1,913 ($24.07) per share, for a total transaction of £99,131.66 ($124,740.98).

Shares of LON:FUTR opened at GBX 1,989 ($25.03) on Monday. Future has a fifty-two week low of GBX 1,769 ($22.26) and a fifty-two week high of GBX 3,968 ($49.93). The business has a 50-day moving average of GBX 2,284.42 and a two-hundred day moving average of GBX 2,848.89. The stock has a market capitalization of £2.40 billion and a P/E ratio of 27.83. The company has a debt-to-equity ratio of 51.31, a current ratio of 0.53 and a quick ratio of 0.53.

About Future (Get Rating)

Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women's lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments.

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Analyst Recommendations for Future (LON:FUTR)

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