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

Future (LON:FUTR) had its target price lowered by investment analysts at JPMorgan Chase & Co. from GBX 750 to GBX 740 in a research note issued on Friday, MarketBeat Ratings reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 140.26% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 295 price target on shares of Future in a research note on Friday, May 15th. Berenberg Bank reiterated a “hold” rating and issued a GBX 330 price objective on shares of Future in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,013 price objective on shares of Future in a report on Friday, May 15th. Canaccord Genuity Group lowered their target price on shares of Future from GBX 733 to GBX 358 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, Barclays dropped their target price 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. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 503.50.

Future Trading Down 1.7%

Shares of FUTR stock opened at GBX 308 on Friday. The business’s fifty day moving average price is GBX 306.64 and its 200 day moving average price is GBX 381.95. Future has a 1-year low of GBX 262.20 and a 1-year high of GBX 789. The firm has a market capitalization of £277.03 million, a PE ratio of 8.32, a P/E/G ratio of 0.64 and a beta of 1.32. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.95 and a quick ratio of 0.60.

Future (LON:FUTR) last released its quarterly earnings data on Thursday, May 14th. The company reported GBX 13.10 earnings per share (EPS) for the quarter. Future had a return on equity of 3.57% and a net margin of 5.14%.The firm had revenue of £349.10 million during the quarter. As a group, sell-side analysts forecast that Future will post 116.6270784 EPS for the current fiscal year.

Future Company Profile

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