Future plc (LON:FUTR) Given Consensus Recommendation of “Hold” by Brokerages

Future plc (LON:FUTR) has been assigned an average recommendation of “Hold” from the six research firms that are covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 586.

FUTR has been the topic of several research reports. Barclays reduced their price objective on Future from GBX 640 to GBX 285 and set a “neutral” rating on the stock in a report on Wednesday, April 1st. Berenberg Bank reiterated a “hold” rating and issued a GBX 330 target price on shares of Future in a report on Monday, May 18th. Canaccord Genuity Group dropped their price target on Future from GBX 733 to GBX 358 and set a “hold” rating on the stock in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,013 price target on shares of Future in a research note on Friday, May 15th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 295 price objective on shares of Future in a report on Friday, May 15th.

Future Price Performance

Shares of FUTR stock opened at GBX 315.42 on Wednesday. The company has a market capitalization of £283.70 million, a P/E ratio of 8.52, a P/E/G ratio of 0.64 and a beta of 1.32. The company’s 50-day simple moving average is GBX 307.28 and its two-hundred day simple moving average is GBX 385.48. Future has a one year low of GBX 262.20 and a one year high of GBX 806. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.95 and a quick ratio of 0.60.

Future (LON:FUTR) last posted its quarterly earnings results on Thursday, May 14th. The company reported GBX 13.10 earnings per share for the quarter. The firm had revenue of £349.10 million during the quarter. Future had a net margin of 5.14% and a return on equity of 3.57%. As a group, equities analysts anticipate that Future will post 116.6270784 EPS for the current year.

About Future

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