Future (LON:FUTR) PT Raised to GBX 1,659

Future (LON:FUTR) had its price target raised by research analysts at Deutsche Bank from GBX 1,562 ($20.41) to GBX 1,659 ($21.68) in a research note issued on Monday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 7.03% from the company’s previous close.

FUTR has been the topic of a number of other research reports. Berenberg Bank increased their price objective on shares of Future from GBX 1,530 ($19.99) to GBX 1,755 ($22.93) and gave the stock a “buy” rating in a research report on Monday, November 4th. Peel Hunt reissued a “buy” rating on shares of Future in a research report on Friday. Five analysts have rated the stock with a buy rating, Future has a consensus rating of “Buy” and a consensus target price of GBX 1,349.80 ($17.64).

FUTR stock opened at GBX 1,550 ($20.25) on Monday. The stock has a market capitalization of $1.26 billion and a PE ratio of 176.14. The company’s 50-day moving average is GBX 1,299.06 and its 200-day moving average is GBX 1,111.53. The company has a debt-to-equity ratio of 23.85, a current ratio of 0.72 and a quick ratio of 0.72. Future has a 1 year low of GBX 460 ($6.01) and a 1 year high of GBX 1,566 ($20.46).

In related news, insider Zillah Byng-Maddick sold 160,770 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of GBX 479 ($6.26), for a total value of £770,088.30 ($1,006,256.76).

Future Company Profile

Future plc, together with its subsidiaries, publishes content for technology, games and entertainment, music, photography and design, hobbies, home interest, and B2B sectors in Europe, North America, the Asia Pacific, and Australia. It operates through two segments, Media and Magazine. The company publishes magazines; operates online sites; and organizes events.

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Analyst Recommendations for Future (LON:FUTR)

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