Next 15 Group (LON:NFG) Stock Rating Reaffirmed by Shore Capital

Shore Capital reissued their buy rating on shares of Next 15 Group (LON:NFG - Free Report) in a research note issued to investors on Tuesday morning, Marketbeat reports.

Separately, Berenberg Bank reaffirmed a buy rating and issued a GBX 1,450 ($18.05) price target on shares of Next 15 Group in a report on Tuesday.

Next 15 Group Stock Performance

Next 15 Group stock traded down GBX 70 ($0.87) during mid-day trading on Tuesday, reaching GBX 879 ($10.94). 262,522 shares of the company were exchanged, compared to its average volume of 159,825. Next 15 Group has a 12-month low of GBX 542 ($6.75) and a 12-month high of GBX 980.10 ($12.20). The business has a fifty day moving average of GBX 921.85 and a 200 day moving average of GBX 808.92. The firm has a market cap of £872.14 million, a P/E ratio of 3,380.77 and a beta of 1.42.

Next 15 Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be given a dividend of GBX 10.60 ($0.13) per share. The ex-dividend date is Thursday, July 4th. This represents a yield of 1.12%. This is a boost from Next 15 Group's previous dividend of $4.75. Next 15 Group's payout ratio is currently 5,769.23%.

Next 15 Group Company Profile

Next 15 Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific. It offers strategy and insight, online marketing, corporate and internal communications, media training, brand and message consultancy, market research, digital, marketing communications, and creative and content, as well as public, media, analyst, and investor relation services; and digital and technology products and services.