Future (LON:FUTR) Stock Price Down 4.9% – Should You Sell?

Future plc (LON:FUTR – Get Free Report) fell 4.9% during mid-day trading on Wednesday . The stock traded as low as GBX 280.80 and last traded at GBX 289.20. 1,014,982 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 11,652,327 shares. The stock had previously closed at GBX 304.

Analyst Ratings Changes

Several brokerages recently issued reports on FUTR. Berenberg Bank downgraded Future to a “hold” rating and cut their price target for the stock from GBX 970 to GBX 330 in a report on Wednesday, April 1st. Jefferies Financial Group downgraded Future to a “hold” rating and cut their target price for the company from GBX 1,220 to GBX 466 in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft cut their target price on Future from GBX 1,875 to GBX 1,013 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Barclays cut their target price on Future from GBX 640 to GBX 285 and set a “neutral” rating on the stock in a research note on Wednesday, April 1st. Finally, Canaccord Genuity Group cut their target price 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 analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of GBX 614.50.

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Read Our Latest Stock Analysis on Future

Future Stock Down 4.9%

The firm has a 50 day simple moving average of GBX 359.19 and a two-hundred day simple moving average of GBX 477.20. The company has a debt-to-equity ratio of 32.47, a quick ratio of 0.60 and a current ratio of 0.96. The stock has a market cap of £264.94 million, a P/E ratio of 4.66, a P/E/G ratio of 0.64 and a beta of 1.33.

Future Company Profile

(Get Free Report)

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

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