Future plc (LON:FUTR) Receives GBX 1,063.40 Consensus Target Price from Analysts

Shares of Future plc (LON:FUTR) have earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,063.40 ($13.98).

Several research analysts recently commented on FUTR shares. Berenberg Bank raised shares of Future to a “buy” rating and raised their price target for the stock from GBX 850 ($11.18) to GBX 1,310 ($17.23) in a research note on Tuesday, June 4th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,464 ($19.25) target price on shares of Future in a research report on Friday, July 12th. Shore Capital reaffirmed a “buy” rating on shares of Future in a research note on Thursday, May 16th. Finally, Canaccord Genuity Group cut Future to a “sell” rating and increased their price objective for the stock from GBX 660 ($8.68) to GBX 733 ($9.64) in a research note on Friday, August 9th.

Future Stock Performance

FUTR stock opened at GBX 1,075 ($14.14) on Friday. Future has a twelve month low of GBX 515.50 ($6.78) and a twelve month high of GBX 1,160 ($15.25). The firm has a market cap of £1.21 billion, a price-to-earnings ratio of 1,414.47, a PEG ratio of 0.64 and a beta of 1.00. The business’s fifty day simple moving average is GBX 1,067.70 and its two-hundred day simple moving average is GBX 884.92. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 32.94.

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.