Future plc (LON:FUTR) Receives GBX 503.50 Consensus Target Price from Brokerages

Shares of Future plc (LON:FUTR) have been assigned an average rating of “Hold” from the six brokerages that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 503.50.

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,013 price objective on shares of Future in a research note on Friday, May 15th. JPMorgan Chase & Co. lowered their target price on Future from GBX 750 to GBX 740 and set an “overweight” rating on the stock in a research report on Friday, July 17th. Berenberg Bank reissued a “hold” rating and set a GBX 330 price target on shares of Future in a report on Monday, May 18th. Canaccord Genuity Group reduced their price target on Future from GBX 733 to GBX 358 and set a “hold” rating for the company in a research report on Friday, April 24th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 295 price objective on shares of Future in a research note on Friday, May 15th.

Future Stock Performance

Shares of LON FUTR opened at GBX 329.60 on Friday. Future has a 12-month low of GBX 262.20 and a 12-month high of GBX 785.50. The firm has a market capitalization of £297.92 million, a price-to-earnings ratio of 8.91, a price-to-earnings-growth ratio of 0.64 and a beta of 1.32. The company has a current ratio of 0.95, a quick ratio of 0.60 and a debt-to-equity ratio of 38.86. The firm has a 50 day moving average of GBX 304.40 and a 200 day moving average of GBX 359.82.

Future (LON:FUTR) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 13.10 earnings per share for the quarter. The business had revenue of £349.10 million for the quarter. Future had a net margin of 5.14% and a return on equity of 3.57%. On average, research analysts anticipate that Future will post 116.6270784 earnings per share for the current year.

Future Company Profile

Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams