Next 15 Group (LON:NFG) Stock Price Down 0.6% - Should You Sell?

Key Points

• Next 15 Group plc's stock price decreased by 0.6%, closing at GBX 266 ($3.58), with trading volume down by 66% from the average session volume.
• Berenberg Bank has lowered their price target for Next 15 Group from GBX 660 ($8.88) to GBX 580 ($7.80), while maintaining a "buy" rating on the stock.
• The company's current market capitalization stands at £268.46 million, with a P/E ratio of 4.37 and a beta of 1.50.

Next 15 Group plc (LON:NFG - Get Free Report)'s stock price was down 0.6% during mid-day trading on Friday . The stock traded as low as GBX 264 ($3.56) and last traded at GBX 266 ($3.59). Approximately 181,798 shares traded hands during trading, a decline of 66% from the average daily volume of 542,415 shares. The stock had previously closed at GBX 267.50 ($3.61).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank dropped their price objective on Next 15 Group from GBX 660 ($8.91) to GBX 580 ($7.83) and set a "buy" rating for the company in a research note on Thursday, June 26th.

Next 15 Group Stock Up 1.0%

The business has a 50 day moving average of GBX 276.31 and a 200 day moving average of GBX 284.33. The company has a market capitalization of £267.45 million, a P/E ratio of 4.35 and a beta of 1.50.

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.