Future (LON:FUTR) Receives “Buy” Rating from Shore Capital

Shore Capital reiterated their buy rating on shares of Future (LON:FUTR) in a research report released on Thursday morning, Marketbeat reports.

Several other equities analysts have also weighed in on FUTR. Berenberg Bank raised shares of Future to a buy rating and raised their price objective for the company from GBX 850 ($11.23) to GBX 1,310 ($17.31) in a research report on Tuesday, June 4th. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 1,464 ($19.34) price objective on shares of Future in a research note on Friday, July 12th. Finally, Canaccord Genuity Group downgraded shares of Future to a sell rating and increased their target price for the stock from GBX 660 ($8.72) to GBX 733 ($9.68) in a research report on Friday, August 9th. Two investment analysts have rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of Hold and an average target price of GBX 1,063.40 ($14.05).

Future Stock Performance

Shares of FUTR stock opened at GBX 1,045 ($13.80) on Thursday. Future has a fifty-two week low of GBX 515.50 ($6.81) and a fifty-two week high of GBX 1,160 ($15.32). The stock’s 50-day moving average is GBX 1,066.59 and its two-hundred day moving average is GBX 919.51. 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 has a market cap of £1.16 billion, a P/E ratio of 1,375.00, a PEG 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.