Future (LON:FUTR – Get Free Report) had its target price decreased by equities research analysts at Barclays from GBX 640 to GBX 285 in a report released on Wednesday,London Stock Exchange reports. The brokerage presently has a “neutral” rating on the stock. Barclays‘s price target would indicate a potential upside of 1.28% from the company’s previous close.
FUTR has been the topic of several other reports. JPMorgan Chase & Co. reduced their price objective on Future from GBX 1,280 to GBX 1,235 and set an “overweight” rating on the stock in a research note on Friday, December 5th. Jefferies Financial Group cut Future to a “hold” rating and cut their price target for the stock from GBX 1,220 to GBX 466 in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Future presently has a consensus rating of “Hold” and a consensus price target of GBX 662.
Read Our Latest Research Report on FUTR
Future Price Performance
Future declared that its board has authorized a share buyback plan on Thursday, December 4th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.
Insider Buying and Selling
In related news, insider Ivana Kirkbride acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were purchased at an average cost of GBX 518 per share, with a total value of £5,180. Insiders own 5.68% of the company’s stock.
Future Company Profile
Future is a global platform for specialist media underpinned by proprietary technology, enabled by data; with diversified revenue streams
See Also
Receive News & Ratings for Future Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Future and related companies with MarketBeat.com's FREE daily email newsletter.
