Next 15 Group (LON:NFG) Stock Price Up 0.2% – Time to Buy?

Next 15 Group plc (LON:NFG)’s share price traded up 0.2% during trading on Tuesday . The stock traded as high as GBX 314 and last traded at GBX 308. 123,373 shares changed hands during trading, a decline of 76% from the average session volume of 509,851 shares. The stock had previously closed at GBX 307.50.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 435 target price on shares of Next 15 Group in a report on Tuesday, September 30th. Berenberg Bank reissued a “buy” rating and issued a GBX 580 price objective on shares of Next 15 Group in a research report on Tuesday, September 30th. Finally, Liberum Capital raised their target price on Next 15 Group from GBX 344 to GBX 479 and gave the company a “buy” rating in a research report on Friday, October 10th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Next 15 Group currently has an average rating of “Buy” and an average price target of GBX 498.

Next 15 Group Price Performance

The firm has a fifty day simple moving average of GBX 327.63 and a two-hundred day simple moving average of GBX 299.26. The firm has a market capitalization of £314.38 million, a P/E ratio of 20.23 and a beta of 1.50.

Next 15 Group (LON:NFG) last issued its quarterly earnings results on Tuesday, September 30th. The company reported GBX 22.20 EPS for the quarter. Next 15 Group had a return on equity of 37.44% and a net margin of 8.28%. On average, research analysts anticipate that Next 15 Group plc will post 60.4827586 EPS for the current year.

Insiders Place Their Bets

In related news, insider Mickey Kalifa purchased 31,250 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was purchased at an average cost of GBX 320 per share, with a total value of £100,000. Also, insider Mark Astaire acquired 9,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were bought at an average price of GBX 317 per share, for a total transaction of £30,115. Insiders own 7.67% of the company’s stock.

About Next 15 Group

Next 15 is redefining the landscape of growth consultancy with The Next Network, a decentralised collective of specialist consultancies, agencies, product builders, and venture creators. Our network is built for agility, powered by data, technology, and artificial intelligence, and is driven by the profound expertise of top-tier professionals. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets.

The company’s approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.