JPMorgan Chase & Co. Reiterates Overweight Rating for Future (LON:FUTR)

Future (LON:FUTR)‘s stock had its “overweight” rating reissued by investment analysts at JPMorgan Chase & Co. in a report released on Friday, Digital Look reports. They currently have a GBX 1,464 ($18.75) price objective on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 34.74% from the company’s current price.

A number of other equities analysts also recently weighed in on the stock. Berenberg Bank raised shares of Future to a “buy” rating and raised their target price for the company from GBX 850 ($10.89) to GBX 1,310 ($16.78) in a research note on Tuesday, June 4th. Shore Capital reiterated a “buy” rating on shares of Future in a report on Thursday, May 16th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Future has an average rating of “Moderate Buy” and a consensus target price of GBX 1,048.80 ($13.43).

Future Stock Down 1.5 %

Shares of LON FUTR traded down GBX 16.47 ($0.21) on Friday, reaching GBX 1,086.53 ($13.92). 643,349 shares of the company’s stock traded hands, compared to its average volume of 419,940. Future has a 12 month low of GBX 515.50 ($6.60) and a 12 month high of GBX 1,160 ($14.86). The business’s 50 day simple moving average is GBX 1,002.49 and its two-hundred day simple moving average is GBX 792.71. The company has a market cap of £1.25 billion, a price-to-earnings ratio of 1,429.64, a price-to-earnings-growth ratio of 0.64 and a beta of 0.68. 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.