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

Next 15 Group (LON:NFG) had its price target decreased by Berenberg Bank from GBX 510 to GBX 475 in a research report issued on Friday, Digital Look reports. The brokerage presently has a “buy” rating on the stock. Berenberg Bank‘s target price indicates a potential upside of 41.37% from the stock’s previous close.

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

Next 15 Group Trading Down 8.6%

Shares of LON NFG opened at GBX 336 on Friday. The stock has a market cap of £343.82 million, a P/E ratio of -11.20 and a beta of 1.33. The business’s fifty day simple moving average is GBX 319.38 and its 200-day simple moving average is GBX 289.14. Next 15 Group has a 12-month low of GBX 217 and a 12-month high of GBX 374.

Next 15 Group (LON:NFG) last released its quarterly earnings data 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 analysts forecast that Next 15 Group will post 60.48 EPS 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. 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.