Next 15 Group (LON:NFG) Shares Up 1.6% – Should You Buy?

Next 15 Group plc (LON:NFG)’s stock price traded up 1.6% during trading on Tuesday . The company traded as high as GBX 378 ($5.05) and last traded at GBX 375.50 ($5.02). 128,062 shares were traded during mid-day trading, a decline of 74% from the average session volume of 484,468 shares. The stock had previously closed at GBX 369.50 ($4.94).

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NFG. 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 note on Friday, October 10th. Peel Hunt reissued a “buy” rating and issued a GBX 435 target price on shares of Next 15 Group in a research report on Tuesday, September 30th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 580 price target on shares of Next 15 Group in a research note on Tuesday, September 30th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Next 15 Group has an average rating of “Buy” and a consensus target price of GBX 498.

Next 15 Group Stock Up 1.6%

The firm has a market cap of £378.97 million, a PE ratio of 24.38 and a beta of 1.50. The firm’s fifty day simple moving average is GBX 298.65 and its two-hundred day simple moving average is GBX 280.07.

Next 15 Group (LON:NFG) last released its earnings results on Tuesday, September 30th. The company reported GBX 22.20 earnings per share for the quarter. Next 15 Group had a net margin of 8.28% and a return on equity of 37.44%. As a group, analysts anticipate that Next 15 Group plc will post 60.4827586 earnings per share for the current fiscal 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.