Future (LON:FUTR) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their buy rating on shares of Future (LON:FUTR – Get Rating) in a research note issued to investors on Monday, Digital Look reports.

Several other research firms have also weighed in on FUTR. Jefferies Financial Group began coverage on shares of Future in a research report on Wednesday, March 15th. They set a hold rating for the company. JPMorgan Chase & Co. reduced their price objective on shares of Future from GBX 2,510 ($31.22) to GBX 2,040 ($25.37) and set an overweight rating for the company in a research report on Friday, May 19th. Barclays reduced their price objective on shares of Future from GBX 1,620 ($20.15) to GBX 1,350 ($16.79) and set an overweight rating for the company in a research report on Friday, May 19th. Canaccord Genuity Group began coverage on shares of Future in a research report on Wednesday, March 1st. They set a sell rating and a GBX 1,153 ($14.34) price objective for the company. Finally, Berenberg Bank restated a buy rating and set a GBX 1,780 ($22.14) price objective on shares of Future in a research report on Monday, March 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and a consensus price target of GBX 1,498.40 ($18.64).

Future Stock Down 5.7 %

Future stock opened at GBX 767 ($9.54) on Monday. The stock has a market cap of £927.00 million, a price-to-earnings ratio of 767.00, a PEG ratio of 0.64 and a beta of 0.85. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 49.09. The company’s 50-day moving average price is GBX 1,068.52 and its two-hundred day moving average price is GBX 1,293.10. Future has a 52 week low of GBX 762 ($9.48) and a 52 week high of GBX 2,062 ($25.65).

Insider Transactions at Future

In related news, insider Jon Steinberg purchased 90,617 shares of Future stock in a transaction dated Thursday, May 18th. The stock was acquired at an average cost of GBX 886 ($11.02) per share, with a total value of £802,866.62 ($998,590.32). 7.82% of the stock is owned by insiders.

Future Company Profile

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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.