Next 15 Group (LON:NFG) Hits New 1-Year High – What’s Next?

Next 15 Group plc (LON:NFG) reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 374 and last traded at GBX 346.50, with a volume of 4,491,476 shares changing hands. The stock had previously closed at GBX 358.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on NFG shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 510 price target on shares of Next 15 Group in a research report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 473 price objective on shares of Next 15 Group in a research report on Friday, October 9th. Finally, Peel Hunt restated a “buy” rating and set a GBX 465 price objective on shares of Next 15 Group in a research note on Thursday, October 8th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 482.67.

Next 15 Group Stock Down 3.2%

The firm has a 50 day simple moving average of GBX 318.65 and a 200-day simple moving average of GBX 289.17. The stock has a market cap of £354.57 million, a P/E ratio of -11.55 and a beta of 1.33.

Next 15 Group (LON:NFG) last issued its quarterly earnings data on Thursday, October 8th. The company reported GBX 22 earnings per share for the quarter. Next 15 Group had a negative net margin of 5.44% and a negative return on equity of 25.66%. On average, equities analysts anticipate that Next 15 Group plc will post 60.48 earnings per share for the current year.

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.