Future plc (LON:FUTR) Given Consensus Rating of “Hold” by Analysts

Future plc (LON:FUTR) has been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 1,063.40 ($14.02).

Several research firms have weighed in on FUTR. Shore Capital restated a “buy” rating on shares of Future in a report on Thursday, May 16th. Berenberg Bank upgraded shares of Future to a “buy” rating and upped their price objective for the stock from GBX 850 ($11.21) to GBX 1,310 ($17.28) in a report on Tuesday, June 4th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,464 ($19.31) price objective on shares of Future in a report on Friday, July 12th. Finally, Canaccord Genuity Group downgraded shares of Future to a “sell” rating and increased their target price for the company from GBX 660 ($8.70) to GBX 733 ($9.67) in a report on Friday, August 9th.

Future Stock Performance

LON:FUTR opened at GBX 1,080 ($14.24) on Friday. The company has a fifty day moving average of GBX 1,066.07 and a 200-day moving average of GBX 875.96. The firm has a market capitalization of £1.22 billion, a P/E ratio of 1,421.05, a P/E/G ratio of 0.64 and a beta of 1.00. 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 has a twelve month low of GBX 515.50 ($6.80) and a twelve month high of GBX 1,160 ($15.30).

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.