Future plc (LON:FUTR) Receives Average Rating of “Hold” from Analysts

Future plc (LON:FUTR) has been given an average recommendation of “Hold” by the six ratings firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,063.40 ($13.59).

FUTR has been the subject of several recent analyst reports. Berenberg Bank raised Future to a “buy” rating and raised their target price for the stock from GBX 850 ($10.86) to GBX 1,310 ($16.74) in a research report on Tuesday, June 4th. Shore Capital reissued a “buy” rating on shares of Future in a research report on Thursday, May 16th. Canaccord Genuity Group cut Future to a “sell” rating and lifted their price objective for the company from GBX 660 ($8.43) to GBX 733 ($9.37) in a research report on Friday. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 1,464 ($18.71) price objective on shares of Future in a research report on Friday, July 12th.

Future Stock Performance

FUTR opened at GBX 1,034.31 ($13.22) on Wednesday. The firm has a market cap of £1.19 billion, a PE ratio of 1,368.42, a P/E/G 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. The business has a fifty day simple moving average of GBX 1,064.03 and a 200-day simple moving average of GBX 839.93. Future has a fifty-two week low of GBX 515.50 ($6.59) and a fifty-two week high of GBX 1,160 ($14.82).

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.