Berenberg Bank Issues Pessimistic Forecast for Next 15 Group (LON:NFG) Stock Price

Next 15 Group (LON:NFG - Get Free Report) had its target price cut by analysts at Berenberg Bank from GBX 660 ($9.05) to GBX 580 ($7.96) in a research report issued on Thursday, MarketBeat reports. The brokerage presently has a "buy" rating on the stock. Berenberg Bank's price objective points to a potential upside of 141.67% from the stock's previous close.

Next 15 Group Stock Up 15.4%

NFG traded up GBX 32 ($0.44) during trading on Thursday, reaching GBX 240 ($3.29). 2,000,253 shares of the stock traded hands, compared to its average volume of 586,230. The stock has a market capitalization of £242.22 million, a PE ratio of 3.94 and a beta of 1.50. The stock's 50-day moving average is GBX 277.25 and its 200 day moving average is GBX 306.93. Next 15 Group has a 12 month low of GBX 203.90 ($2.80) and a 12 month high of GBX 884 ($12.13).

Next 15 Group (LON:NFG - Get Free Report) last posted its earnings results on Tuesday, April 15th. The company reported GBX 71.90 ($0.99) 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, equities research analysts anticipate that Next 15 Group will post 60.4827586 EPS 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.