Next 15 Group (LON:NFG) Shares Up 1.6% – Here’s What Happened

Next 15 Group plc (LON:NFG)’s stock price shot up 1.6% on Tuesday . The company traded as high as GBX 378 ($5.05) and last traded at GBX 375.50 ($5.02). 128,062 shares traded hands 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 Analysts Forecast Growth

NFG has been the subject of a number of recent research reports. Peel Hunt reissued a “buy” rating and set a GBX 435 price target on shares of Next 15 Group in a research report on Tuesday, September 30th. Liberum Capital lifted their target price on shares of Next 15 Group from GBX 344 to GBX 479 and gave the company a “buy” rating in a report on Friday, October 10th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 580 price target on shares of Next 15 Group in a research report on Tuesday, September 30th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Next 15 Group has a consensus rating of “Buy” and a consensus price target of GBX 498.

Next 15 Group Price Performance

The firm’s 50 day moving average price is GBX 298.65 and its 200-day moving average price is GBX 280.07. The stock has a market cap of £378.97 million, a P/E ratio of 24.38 and a beta of 1.50.

Next 15 Group (LON:NFG) last announced its quarterly earnings data 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%. On average, analysts expect that Next 15 Group plc will post 60.4827586 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.