Future plc (LON:FUTR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Future plc (LON:FUTR) have been given an average rating of “Moderate Buy” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 1,048.80 ($13.60).

FUTR has been the subject of a number of recent analyst reports. Shore Capital reaffirmed a “buy” rating on shares of Future in a research note on Thursday, May 16th. Berenberg Bank upgraded Future to a “buy” rating and upped their price target for the stock from GBX 850 ($11.02) to GBX 1,310 ($16.99) in a research note on Tuesday, June 4th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 1,464 ($18.99) target price on shares of Future in a report on Friday, July 12th.

Future Price Performance

Shares of LON:FUTR opened at GBX 1,050 ($13.62) on Friday. The company has a market capitalization of £1.21 billion, a P/E ratio of 1,381.58, a P/E/G ratio of 0.64 and a beta of 0.68. Future has a 1-year low of GBX 515.50 ($6.69) and a 1-year high of GBX 1,160 ($15.04). The firm’s 50 day simple moving average is GBX 1,041.54 and its two-hundred day simple moving average is GBX 805.45. The company has a debt-to-equity ratio of 32.94, a current ratio of 0.78 and a quick ratio of 0.60.

About Future

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.