Future plc (OTCMKTS:FRNWF – Get Rating) shares fell 31.9% during trading on Thursday . The company traded as low as $12.00 and last traded at $12.00. 100 shares traded hands during trading, a decline of 90% from the average session volume of 1,012 shares. The stock had previously closed at $17.62.
Analysts Set New Price Targets
A number of research firms have recently commented on FRNWF. Berenberg Bank cut their target price on Future from GBX 2,600 ($32.57) to GBX 1,780 ($22.30) in a research note on Wednesday, March 15th. Barclays upped their target price on Future from GBX 1,850 ($23.17) to GBX 1,920 ($24.05) in a research note on Tuesday, January 31st. Jefferies Financial Group assumed coverage on Future in a research note on Wednesday, March 15th. They set a “hold” rating on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on Future from GBX 2,560 ($32.07) to GBX 2,510 ($31.44) in a research note on Thursday, February 9th.
Future Trading Down 31.9 %
The firm has a 50-day simple moving average of $17.62 and a 200-day simple moving average of $17.46.
Future Company Profile
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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