Canaccord Genuity Group Has Lowered Expectations for Future (LON:FUTR) Stock Price

Future (LON:FUTR) had its price objective decreased by Canaccord Genuity Group from GBX 733 to GBX 358 in a research note issued on Friday,Digital Look reports. The firm currently has a “hold” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 7.32% from the company’s current price.

Several other research analysts have also recently commented on FUTR. Berenberg Bank cut shares of Future to a “hold” rating and decreased their target price for the stock from GBX 970 to GBX 330 in a research report on Wednesday, April 1st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Future from GBX 1,875 to GBX 1,013 and set a “buy” rating for the company in a report on Wednesday, April 1st. Barclays decreased their price objective on shares of Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Finally, Jefferies Financial Group cut shares of Future to a “hold” rating and decreased their price objective for the company from GBX 1,220 to GBX 466 in a report on Friday, March 27th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 614.50.

Future Stock Performance

LON:FUTR opened at GBX 333.57 on Friday. Future has a twelve month low of GBX 262.20 and a twelve month high of GBX 806. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 32.47. The firm has a market capitalization of £308.22 million, a price-to-earnings ratio of 5.37, a PEG ratio of 0.64 and a beta of 1.34. The firm’s fifty day simple moving average is GBX 376.43 and its 200 day simple moving average is GBX 499.36.

Insider Activity

In related news, insider Ivana Kirkbride acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was acquired at an average cost of GBX 518 per share, for a total transaction of £5,180. 4.46% of the stock is owned by company insiders.

About Future

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