Future (LON:FUTR) Given New GBX 285 Price Target at Barclays

Future (LON:FUTRGet 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

Shares of LON FUTR traded down GBX 15.40 during trading on Wednesday, reaching GBX 281.40. The company had a trading volume of 2,750,819 shares, compared to its average volume of 15,492,259. The stock has a market capitalization of £261.50 million, a PE ratio of 4.53, a price-to-earnings-growth ratio of 0.64 and a beta of 1.22. Future has a twelve month low of GBX 262.20 and a twelve month high of GBX 806. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 32.47. The stock has a 50-day moving average price of GBX 444.54 and a two-hundred day moving average price of GBX 544.84.

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

(Get Free Report)

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.