Next 15 Group (LON:NFG) Stock Price Down 0.5% – Time to Sell?

Next 15 Group plc (LON:NFG)’s share price traded down 0.5% during mid-day trading on Friday. The company traded as low as GBX 326 and last traded at GBX 328.50. Approximately 95,080 shares were traded during mid-day trading, a decline of 81% from the average session volume of 498,602 shares. The stock had previously closed at GBX 330.

Analyst Ratings Changes

Several analysts recently weighed in on NFG shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 473 target price on shares of Next 15 Group in a report on Friday, October 9th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 510 price objective on shares of Next 15 Group in a research note on Thursday, October 8th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 465 target price 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. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of GBX 482.67.

Next 15 Group Trading Down 0.5%

The firm has a market capitalization of £336.15 million, a PE ratio of -10.95 and a beta of 1.33. The business has a 50 day moving average price of GBX 317.13 and a 200-day moving average price of GBX 289.33.

Next 15 Group (LON:NFG) last announced 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%. On average, equities research analysts forecast that Next 15 Group plc will post 60.48 earnings per share for the current year.

Next 15 Group Company Profile

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.