Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for Future (LON:FUTR)

Future (LON:FUTR)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday,London Stock Exchange reports. They presently have a GBX 1,013 price target on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 216.36% from the stock’s current price.

Other research analysts also recently issued research reports about the stock. Canaccord Genuity Group lowered their price target on shares of Future from GBX 733 to GBX 358 and set a “hold” rating for the company in a report on Friday, April 24th. Barclays cut their target price on Future from GBX 640 to GBX 285 and set a “neutral” rating on the stock in a research report on Wednesday, April 1st. Berenberg Bank downgraded shares of Future to a “hold” rating and reduced their target price for the company from GBX 970 to GBX 330 in a research note on Wednesday, April 1st. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 295 target price on shares of Future in a report on Friday. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 586.

Future Price Performance

FUTR traded down GBX 5 during trading hours on Friday, hitting GBX 320.20. The company’s stock had a trading volume of 301,964 shares, compared to its average volume of 11,416,973. The stock has a market cap of £293.34 million, a price-to-earnings ratio of 5.16, a P/E/G ratio of 0.64 and a beta of 1.33. The business’s 50-day moving average price is GBX 355.27 and its 200-day moving average price is GBX 472.46. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 32.47. Future has a 12 month low of GBX 262.20 and a 12 month high of GBX 806.

Future (LON:FUTR) last issued its quarterly earnings data on Thursday, May 14th. The company reported GBX 13.10 EPS for the quarter. Future had a net margin of 8.97% and a return on equity of 6.22%. The business had revenue of £349.10 million during the quarter. Sell-side analysts expect that Future will post 116.6270784 earnings per share for the current fiscal year.

About Future

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