Future plc -12.4% potential downside indicated by Canaccord Genuity

Future plc with ticker (LON:FUTR) now has a potential downside of -12.4% according to Canaccord Genuity.



Canaccord Genuity set a target price of 668 GBX for the company, which when compared to the Future plc share price of 763 GBX at opening today (31/05/2023) indicates a potential downside of -12.4%. Trading has ranged between 730 (52 week low) and 2,062 (52 week high) with an average of 623,226 shares exchanging hands daily. The market capitalisation at the time of writing is £886,496,364.

Future plc is a United Kingdom-based global platform for Internet specialist media. The Company operates approximately 250 brands in diversified content verticals, across its business-to-consumer (B2C) and business-to-business (B2B) divisions. It organizes its brands by specialist interests and has four main content verticals with 16 sub-categories ranging from consumer technology to games to women’s lifestyle to homes or wealth. The Company’s content is published and distributed through various forms: websites, email newsletters, videos, magazines, events and has three core monetization frameworks, such as advertising, eCommerce affiliate and direct consumer. The Company’s brands include 25 Beautiful Homes, 3D World, 5GRadar, ActualTech Media, Advnture, Airgun Shooter, All About History, Bass Player, BikePerfect, Bow International, CinemaBlend, Computer Music, Country Homes & Interiors, Creative Bloq, Decanter, Fit&Well, FourFourTwo, Future Music, Gardeningetc, and Guitar Techniques.