Future (LON:FUTR) Given New GBX 358 Price Target at Canaccord Genuity Group

Future (LON:FUTR) had its price objective cut by analysts at Canaccord Genuity Group from GBX 733 to GBX 358 in a research report issued to clients and investors on Friday,Digital Look reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity Group’s price target points to a potential upside of 7.32% from the stock’s previous close.

Several other research firms also recently weighed in on FUTR. Berenberg Bank downgraded shares of Future to a “hold” rating and decreased their price target for the company from GBX 970 to GBX 330 in a research note on Wednesday, April 1st. Jefferies Financial Group downgraded Future to a “hold” rating and reduced their target price for the company from GBX 1,220 to GBX 466 in a research note on Friday, March 27th. Barclays decreased their target price on Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Future from GBX 1,875 to GBX 1,013 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 614.50.

Future Stock Down 2.1%

Shares of Future stock traded down GBX 7.03 during trading on Friday, reaching GBX 333.57. 369,330 shares of the company traded hands, compared to its average volume of 13,334,091. The firm has a market capitalization of £308.22 million, a PE ratio of 5.37, a P/E/G ratio of 0.64 and a beta of 1.34. Future has a 1-year low of GBX 262.20 and a 1-year high of GBX 806. The company has a 50 day moving average price of GBX 377.95 and a 200-day moving average price of GBX 502.65. The company has a debt-to-equity ratio of 32.47, a current ratio of 0.96 and a quick ratio of 0.60.

Insider Transactions at Future

In related news, insider Ivana Kirkbride acquired 1,000 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was purchased at an average cost of GBX 518 per share, with a total value of £5,180. Company insiders own 4.46% 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