Berenberg Bank Reiterates “Hold” Rating for Future (LON:FUTR)

Future (LON:FUTR)‘s stock had its “hold” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 330 price objective on the stock. Berenberg Bank’s price objective points to a potential upside of 13.56% from the stock’s previous close.

Several other brokerages also recently weighed in on FUTR. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,013 target price on shares of Future in a research note on Friday. Canaccord Genuity Group dropped 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. Jefferies Financial Group restated a “hold” rating and set a GBX 295 target price on shares of Future in a research note on Friday. Finally, Barclays dropped 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. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 586.

Future Stock Down 9.9%

Shares of FUTR stock opened at GBX 290.60 on Monday. Future has a 1-year low of GBX 262.20 and a 1-year high of GBX 806. The stock’s fifty day moving average price is GBX 353.59 and its 200 day moving average price is GBX 470.17. The company has a debt-to-equity ratio of 38.86, a current ratio of 0.95 and a quick ratio of 0.60. The company has a market cap of £266.22 million, a price-to-earnings ratio of 4.68, a price-to-earnings-growth ratio of 0.64 and a beta of 1.33.

Future (LON:FUTR) last announced its earnings results on Thursday, May 14th. The company reported GBX 13.10 earnings per share 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 for the quarter. On average, research analysts expect that Future will post 116.6270784 earnings per share 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