Future plc (LON:FUTR) Given Consensus Rating of “Hold” by Brokerages

Shares of Future plc (LON:FUTR) have been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. Two investment 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 brokers that have covered the stock in the last year is GBX 1,063.40 ($14.24).

FUTR has been the topic of several recent analyst reports. Berenberg Bank upgraded shares of Future to a “buy” rating and boosted their target price for the company from GBX 850 ($11.38) to GBX 1,310 ($17.54) in a research note on Tuesday, June 4th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,464 ($19.60) price target on shares of Future in a report on Friday, July 12th. Canaccord Genuity Group lowered Future to a “sell” rating and boosted their price objective for the stock from GBX 660 ($8.84) to GBX 733 ($9.82) in a research note on Friday, August 9th. Finally, Shore Capital restated a “buy” rating on shares of Future in a research note on Thursday, September 19th.

Future Stock Down 1.3 %

FUTR opened at GBX 1,026 ($13.74) on Thursday. Future has a fifty-two week low of GBX 515.50 ($6.90) and a fifty-two week high of GBX 1,160 ($15.53). 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’s fifty day moving average price is GBX 1,063.23 and its two-hundred day moving average price is GBX 926.22. The company has a market capitalization of £1.14 billion, a P/E ratio of 1,350.00, a P/E/G ratio of 0.64 and a beta of 1.01.

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.