Berenberg Bank Has Lowered Expectations for Next 15 Group (LON:NFG) Stock Price

Next 15 Group (LON:NFG - Get Free Report) had its price target decreased by Berenberg Bank from GBX 660 ($9.06) to GBX 580 ($7.96) in a report issued on Thursday, MarketBeat reports. The firm presently has a "buy" rating on the stock. Berenberg Bank's price objective suggests a potential upside of 141.67% from the stock's current price.

Next 15 Group Trading Up 15.4%

Next 15 Group stock traded up GBX 32 ($0.44) during midday trading on Thursday, hitting GBX 240 ($3.29). The stock had a trading volume of 1,980,253 shares, compared to its average volume of 586,067. The business has a fifty day moving average price of GBX 277.11 and a 200 day moving average price of GBX 309.96. Next 15 Group has a 12 month low of GBX 203.90 ($2.80) and a 12 month high of GBX 884 ($12.13). The stock has a market cap of £242.22 million, a P/E ratio of 3.94 and a beta of 1.50.

Next 15 Group (LON:NFG - Get Free Report) last issued its quarterly 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 return on equity of 37.44% and a net margin of 8.28%. On average, equities analysts anticipate that Next 15 Group will post 60.4827586 EPS for the current fiscal 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.