JPMorgan Chase & Co. Lowers Future (LON:FUTR) Price Target to GBX 1,235

Future (LON:FUTR) had its price target decreased by stock analysts at JPMorgan Chase & Co. from GBX 1,280 to GBX 1,235 in a research note issued to investors on Friday, MarketBeat reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 94.79% from the stock’s previous close.

Future Stock Performance

Shares of FUTR stock opened at GBX 634 on Friday. Future has a 52-week low of GBX 569 and a 52-week high of GBX 1,132. The company has a quick ratio of 0.60, a current ratio of 0.69 and a debt-to-equity ratio of 31.50. The stock has a market cap of £604.82 million, a PE ratio of 8.36, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The business has a 50-day simple moving average of GBX 625.60 and a 200-day simple moving average of GBX 687.11.

Future (LON:FUTR) last announced its quarterly earnings results on Thursday, December 4th. The company reported GBX 124.20 earnings per share (EPS) for the quarter. Future had a return on equity of 8.41% and a net margin of 11.69%. On average, equities analysts expect that Future will post 116.6270784 EPS for the current year.

Future declared that its board has initiated a stock repurchase plan on Thursday, December 4th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams