JPMorgan Chase & Co. Cuts Future (LON:FUTR) Price Target to GBX 740

Future (LON:FUTRFree Report) had its price objective trimmed by JPMorgan Chase & Co. from GBX 750 to GBX 740 in a research note published on Friday morning, MarketBeat.com reports. The firm currently has an overweight rating on the stock.

FUTR has been the subject of several other reports. Barclays lowered their price objective on shares of Future from GBX 640 to GBX 285 and set a “neutral” rating for the company in a report on Wednesday, April 1st. Berenberg Bank reissued a “hold” rating and issued a GBX 330 target price on shares of Future in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,013 target price on shares of Future in a research note on Friday, May 15th. Jefferies Financial Group restated a “hold” rating and set a GBX 295 price target on shares of Future in a research report on Friday, May 15th. Finally, Canaccord Genuity Group reduced their price target on Future from GBX 733 to GBX 358 and set a “hold” rating on the stock in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 503.50.

Get Our Latest Stock Report on FUTR

Future Stock Performance

LON:FUTR opened at GBX 308 on Friday. The company has a 50-day moving average price of GBX 306.64 and a 200-day moving average price of GBX 380.92. Future has a 12 month low of GBX 262.20 and a 12 month high of GBX 789. The company has a current ratio of 0.95, a quick ratio of 0.60 and a debt-to-equity ratio of 38.86. The stock has a market cap of £277.03 million, a price-to-earnings ratio of 8.32, a P/E/G ratio of 0.64 and a beta of 1.32.

Future (LON:FUTRGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. Future had a net margin of 5.14% and a return on equity of 3.57%. The company had revenue of £349.10 million for the quarter. Equities analysts predict that Future will post 116.6270784 EPS for the current year.

About Future

(Get Free Report)

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

Further Reading

Analyst Recommendations for Future (LON:FUTR)

Receive News & Ratings for Future Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Future and related companies with MarketBeat.com's FREE daily email newsletter.