Next 15 Group (LON:NFG) Shares Down 11.9% – Should You Sell?

Next 15 Group plc (LON:NFG) shares traded down 11.9% during trading on Wednesday . The company traded as low as GBX 285.50 and last traded at GBX 288. 627,763 shares changed hands during trading, an increase of 74% from the average session volume of 361,138 shares. The stock had previously closed at GBX 327.

Analyst Upgrades and Downgrades

Separately, Liberum Capital raised their price target on Next 15 Group from GBX 344 to GBX 479 and gave the stock a “buy” rating in a research report on Friday, October 10th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 498.

Next 15 Group Stock Performance

The firm’s fifty day simple moving average is GBX 323.54 and its 200 day simple moving average is GBX 313.01. The stock has a market capitalization of £290.73 million, a price-to-earnings ratio of 18.69 and a beta of 1.50.

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.