Future (LON:FUTR) Receives “Buy” Rating from Shore Capital

Shore Capital restated their buy rating on shares of Future (LON:FUTR) in a research report released on Thursday morning, Marketbeat.com reports.

Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 1,464 ($19.34) target price on shares of Future in a research report on Friday, July 12th. Canaccord Genuity Group downgraded shares of Future to a sell rating and upped their price objective for the stock from GBX 660 ($8.72) to GBX 733 ($9.68) in a report on Friday, August 9th. Finally, Berenberg Bank raised shares of Future to a buy rating and raised their target price for the company from GBX 850 ($11.23) to GBX 1,310 ($17.31) in a research note on Tuesday, June 4th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Future currently has a consensus rating of Hold and a consensus price target of GBX 1,063.40 ($14.05).

Future Price Performance

LON FUTR opened at GBX 1,045 ($13.80) on Thursday. The company has a 50-day moving average price of GBX 1,066.59 and a two-hundred day moving average price of GBX 919.51. Future has a 52 week low of GBX 515.50 ($6.81) and a 52 week high of GBX 1,160 ($15.32). The stock has a market cap of £1.16 billion, a price-to-earnings ratio of 1,375.00, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a current ratio of 0.78, a quick ratio of 0.60 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.