JPMorgan Chase & Co. Reiterates Overweight Rating for Future (LON:FUTR)

Future (LON:FUTR)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a report released on Friday, Digital Look reports. They presently have a GBX 1,464 ($18.75) price objective on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 34.74% from the company’s current price.

Several other research firms have also commented on FUTR. Berenberg Bank raised shares of Future to a “buy” rating and upped their price target for the company from GBX 850 ($10.89) to GBX 1,310 ($16.78) in a report on Tuesday, June 4th. Shore Capital reiterated a “buy” rating on shares of Future in a research report on Thursday, May 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Future currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,048.80 ($13.43).

Future Stock Performance

Shares of FUTR traded down GBX 16.47 ($0.21) during trading hours on Friday, reaching GBX 1,086.53 ($13.92). 643,349 shares of the company traded hands, compared to its average volume of 419,940. The stock has a market capitalization of £1.25 billion, a P/E ratio of 1,429.64, a P/E/G ratio of 0.64 and a beta of 0.68. The company has a quick ratio of 0.60, a current ratio of 0.78 and a debt-to-equity ratio of 32.94. Future has a 12-month low of GBX 515.50 ($6.60) and a 12-month high of GBX 1,160 ($14.86). The business has a fifty day moving average price of GBX 1,002.49 and a 200-day moving average price of GBX 792.71.

About Future

Future plc, together with its subsidiaries, publishes and distributes content for games, entertainment, technology, sports, savings and wealth, lifestyle, knowledge and news, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments. The company offers content through various forms, such as websites, email newsletters, videos, social platforms, magazines, and events, as well as advertising comprising digital advertising, AVOD, newsletters, events, and lead generation; eCommerce, including print and digital subscriptions, and newstrade; and direct consumer monetisation frameworks.