Future (LON:FUTR) Given New GBX 3,253 Price Target at Deutsche Bank Aktiengesellschaft

Future (LON:FUTRGet Rating) had its price objective lowered by Deutsche Bank Aktiengesellschaft from GBX 4,512 ($55.62) to GBX 3,253 ($40.10) in a report issued on Thursday, MarketBeat Ratings reports. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the stock. Berenberg Bank lowered their price target on shares of Future from GBX 5,225 ($64.41) to GBX 3,600 ($44.38) and set a buy rating for the company in a research report on Wednesday, May 18th. Shore Capital reissued a buy rating on shares of Future in a research report on Thursday, May 12th. Finally, Barclays lowered their price target on shares of Future from GBX 3,300 ($40.68) to GBX 2,750 ($33.90) and set an overweight rating for the company in a research report on Thursday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of Buy and a consensus price target of GBX 3,418.60 ($42.14).

Shares of FUTR opened at GBX 1,938 ($23.89) on Thursday. The firm has a fifty day simple moving average of GBX 2,358.80 and a two-hundred day simple moving average of GBX 2,903.20. Future has a twelve month low of GBX 1,820 ($22.44) and a twelve month high of GBX 3,968 ($48.92). The company has a quick ratio of 2.10, a current ratio of 2.23 and a debt-to-equity ratio of 63.73. The stock has a market capitalization of £2.34 billion and a P/E ratio of 33.36.

In related news, insider Zillah Byng-Thorne purchased 5,182 shares of Future stock in a transaction dated Wednesday, May 18th. The stock was purchased at an average cost of GBX 1,913 ($23.58) per share, for a total transaction of £99,131.66 ($122,203.72).

About Future (Get Rating)

Future plc, together with its subsidiaries, publishes content for technology, games, TV and entertainment, women's lifestyle, real life, music, creative and photography, sports, home interest, and B2B sectors primarily in the United States and the United Kingdom. It operates through Media and Magazine segments.

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