Future plc (LON:FUTR) Given Average Rating of "Hold" by Analysts

Key Points

• Six analysts give Future plc a consensus rating of Hold (four hold, two buy) with an average 12‑month price target of GBX 614.50, and several brokers recently cut targets (Deutsche Bank, Canaccord, Berenberg, Barclays, Jefferies).
• Shares traded around GBX 333.57, the company has a market cap of £308.22m and a P/E of 5.37, with the 50‑day and 200‑day moving averages at GBX 377.95 and GBX 502.65 respectively, signaling near‑term weakness versus longer‑term trend.
• Insider Ivana Kirkbride purchased 1,000 shares at GBX 518 on Feb 4, and corporate insiders hold 4.46% of the stock.

Future plc (LON:FUTR - Get Free Report) has been given a consensus rating of "Hold" by the six analysts that are presently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 614.50.

A number of equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on Future from GBX 1,875 to GBX 1,013 and set a "buy" rating for the company in a research note on Wednesday, April 1st. Canaccord Genuity Group dropped their target price on Future from GBX 733 to GBX 358 and set a "hold" rating for the company in a research report on Friday. Berenberg Bank lowered Future to a "hold" rating and cut their target price for the stock from GBX 970 to GBX 330 in a research note on Wednesday, April 1st. Barclays reduced their price target on shares of Future from GBX 640 to GBX 285 and set a "neutral" rating on the stock in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group downgraded shares of Future to a "hold" rating and decreased their price target for the stock from GBX 1,220 to GBX 466 in a research note on Friday, March 27th.

Insiders Place Their Bets

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

Future Price Performance

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

Future Company Profile

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

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