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

Future plc (LON:FUTR) has been given an average recommendation of “Hold” by the six ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,063.40 ($14.02).

FUTR has been the topic of several research analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Future in a research report on Thursday, May 16th. Canaccord Genuity Group cut shares of Future to a “sell” rating and raised their target price for the stock from GBX 660 ($8.70) to GBX 733 ($9.67) in a report on Friday, August 9th. Berenberg Bank raised shares of Future to a “buy” rating and raised their target price for the stock from GBX 850 ($11.21) to GBX 1,310 ($17.28) in a report on Tuesday, June 4th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,464 ($19.31) price target on shares of Future in a research note on Friday, July 12th.

Future Stock Down 0.4 %

Shares of Future stock opened at GBX 1,080 ($14.24) on Friday. The business has a 50-day moving average of GBX 1,066.07 and a 200-day moving average of GBX 875.96. 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 company has a market capitalization of £1.22 billion, a PE ratio of 1,421.05, a P/E/G ratio of 0.64 and a beta of 1.00. Future has a 1-year low of GBX 515.50 ($6.80) and a 1-year high of GBX 1,160 ($15.30).

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.