Future plc -29.1% potential downside indicated by Canaccord Genuity

Future plc with ticker (LON:FUTR) now has a potential downside of -29.1% according to Canaccord Genuity.

FUTR.L

Canaccord Genuity set a target price of 733 GBX for the company, which when compared to the Future plc share price of 1,034 GBX at opening today (13/08/2024) indicates a potential downside of -29.1%. Trading has ranged between 516 (52 week low) and 1,160 (52 week high) with an average of 275,928 shares exchanging hands daily. The market capitalisation at the time of writing is £1,169,018,070.

Future plc is a United Kingdom-based company engaged in providing a global platform for specialist media. The Company operates a platform for creating and distributing specialist content to build engaged and global communities. Its United Kingdom operations consist of editorial, video production, advertising sales and events across Websites, video, newsletters, the production of print magazines and licensing operations, which distribute online and print magazines. Its United States operations consist of editorial, video production, marketing, advertising sales and events across Websites, video, newsletters, and magazines. The Company’s brands include Tom’s Guide, Marie Claire, PC Gamer, Homes & Gardens, GO.COMPARE, Cyclingnews, Country Life, Space.com, Guitar World, Advnture, Fit&Well, FourFourTwo, Practical Boat Owner, CinemaBlend, TV & Satellite Week, TV Times, Creative Bloq, ImagineFX, Newsarama, Bass Player, and Computer Music, among others.