Jefferies Financial Group Reiterates Hold Rating for Future (LON:FUTR)

Future (LON:FUTR)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 295 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 7.87% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Future from GBX 1,875 to GBX 1,013 and set a “buy” rating for the company in a report on Wednesday, April 1st. Barclays reduced their target price on Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Berenberg Bank lowered Future to a “hold” rating and lowered their target price for the stock from GBX 970 to GBX 330 in a research report on Wednesday, April 1st. Finally, Canaccord Genuity Group lowered their price objective on shares of Future from GBX 733 to GBX 358 and set a “hold” rating on the stock in a report on Friday, April 24th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 586.

Future Trading Down 1.5%

FUTR stock traded down GBX 5 during mid-day trading on Friday, reaching GBX 320.20. The company’s stock had a trading volume of 301,964 shares, compared to its average volume of 11,416,973. Future has a 12 month low of GBX 262.20 and a 12 month high of GBX 806. The company has a current ratio of 0.96, a quick ratio of 0.60 and a debt-to-equity ratio of 32.47. The business’s 50 day moving average price is GBX 355.27 and its 200 day moving average price is GBX 472.46. The company has a market cap of £293.34 million, a price-to-earnings ratio of 5.16, a price-to-earnings-growth ratio of 0.64 and a beta of 1.33.

Future (LON:FUTR) last announced its quarterly earnings data on Thursday, May 14th. The company reported GBX 13.10 EPS for the quarter. The company had revenue of £349.10 million during the quarter. Future had a net margin of 8.97% and a return on equity of 6.22%. On average, equities research analysts predict 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