Future (LON:FUTR) Earns Buy Rating from Peel Hunt
Future (LON:FUTR)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a research note issued on Friday, ThisIsMoney.Co.Uk reports.
Several other brokerages have also recently weighed in on FUTR. Berenberg Bank boosted their price objective on Future from GBX 1,530 ($19.99) to GBX 1,755 ($22.93) and gave the stock a “buy” rating in a report on Monday, November 4th. Deutsche Bank initiated coverage on Future in a report on Tuesday. They set a “buy” rating and a GBX 1,562 ($20.41) price objective for the company. Five analysts have rated the stock with a buy rating, Future currently has a consensus rating of “Buy” and an average price target of GBX 1,330.40 ($17.38).
Shares of LON:FUTR opened at GBX 1,454 ($19.00) on Friday. The stock has a market capitalization of $1.24 billion and a P/E ratio of 165.23. Future has a 1-year low of GBX 460 ($6.01) and a 1-year high of GBX 1,566 ($20.46). The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 23.85. The business has a 50-day moving average price of GBX 1,293.98 and a two-hundred day moving average price of GBX 1,108.20.
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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