Future (LON:FUTR) Given Buy Rating at Numis Securities

Numis Securities reiterated their buy rating on shares of Future (LON:FUTR) in a research report sent to investors on Monday, November 26th. Numis Securities currently has a GBX 665 ($8.69) price target on the stock.

Separately, Peel Hunt assumed coverage on Future in a research note on Friday, November 23rd. They issued a buy rating and a GBX 610 ($7.97) price target on the stock.

Future stock opened at GBX 556 ($7.27) on Monday. Future has a 1-year low of GBX 168 ($2.20) and a 1-year high of GBX 430 ($5.62).

The company also recently disclosed a dividend, which will be paid on Friday, February 15th. Investors of record on Thursday, January 17th will be issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, January 17th. This is a boost from Future’s previous dividend of $0.20. This represents a yield of 0.1%.

In other news, insider Penny Ladkin-Brand sold 55,000 shares of the business’s stock in a transaction on Monday, September 24th. The stock was sold at an average price of GBX 450 ($5.88), for a total value of £247,500 ($323,402.59). Also, insider Zillah Byng-Maddick purchased 26,796 shares of the business’s stock in a transaction dated Monday, November 26th. The stock was bought at an average cost of GBX 515 ($6.73) per share, with a total value of £137,999.40 ($180,320.66).

Future Company Profile

Future plc, together with its subsidiaries, publishes consumer magazines and Websites in the areas of technology, games and entertainment, music, knowledge, creative and photography, and field sports and home interest in the United Kingdom, the United States, and Australia. It provides technology under the TechRadar, T3, TheRadar, Gizmodo UK, Lifehacker UK, ITProPortal, Mobile Industry Awards, MacFormat, Maximum PC, Linux Format, and MacLife brands; games and entertainment under the GamesRadar+, PC Gamer, Kotaku UK, Golden Joysticks, Official PlayStation, SFX, Total Film, Official Xbox, GamesTM, and Edge brands; and creative and photography under the CreativeBloq, DigitalCameraWorld, The Photography Show, Generate conferences, Digital Camera, N-Photo, PhotoPlus, Digital Photographer, Computer Arts, Net, ImagineFX, and Photoshop Creative brands.

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