Next 15 Group (LON:NFG) Given New GBX 475 Price Target at Berenberg Bank

Next 15 Group (LON:NFG) had its target price decreased by Berenberg Bank from GBX 510 to GBX 475 in a report released on Friday morning,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

Several other brokerages also recently issued reports on NFG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 473 target price on shares of Next 15 Group in a research note on Friday, October 9th. Peel Hunt reaffirmed a “buy” rating and set a GBX 465 price objective on shares of Next 15 Group in a report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 471.

Next 15 Group Trading Down 9.4%

Next 15 Group stock traded down GBX 34.52 during mid-day trading on Friday, hitting GBX 333. The stock had a trading volume of 331,769 shares, compared to its average volume of 521,246. The firm has a market capitalization of £340.75 million, a P/E ratio of -10.41 and a beta of 1.33. The firm’s 50 day moving average is GBX 319.90 and its 200 day moving average is GBX 289.09. Next 15 Group has a one year low of GBX 217 and a one year high of GBX 374.

Next 15 Group (LON:NFG) last posted its quarterly earnings results on Thursday, October 8th. The company reported GBX 22 EPS for the quarter. Next 15 Group had a negative return on equity of 25.66% and a negative net margin of 5.44%. As a group, equities research analysts forecast that Next 15 Group 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.