Next 15 Group (LON:NFG) Trading 14.3% Higher - Still a Buy?

Key Points

• Shares of Next 15 Group rose by 14.3% during mid-day trading, with the stock reaching a high of GBX 333 ($4.47) before closing at GBX 327 ($4.39).
• Analysts from Peel Hunt and Berenberg Bank both reiterated a "buy" rating on the stock, setting target prices of GBX 435 and GBX 580 respectively.
• The company reported earnings of GBX 22.20 per share for the last quarter, with analysts expecting an average of 60.48 EPS for the current year.

Next 15 Group plc (LON:NFG - Get Free Report) shares were up 14.3% during mid-day trading on Tuesday . The stock traded as high as GBX 333 ($4.47) and last traded at GBX 327 ($4.39). Approximately 493,730 shares traded hands during trading, an increase of 0% from the average daily volume of 493,250 shares. The stock had previously closed at GBX 286 ($3.84).

Analyst Ratings Changes

Several analysts recently issued reports on NFG shares. Peel Hunt reiterated a "buy" rating and set a GBX 435 target price on shares of Next 15 Group in a report on Tuesday. Berenberg Bank reiterated a "buy" rating and set a GBX 580 target price on shares of Next 15 Group in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of GBX 507.50.

Next 15 Group Stock Up 14.3%

The firm has a 50 day simple moving average of GBX 272.97 and a 200-day simple moving average of GBX 272.88. The stock has a market cap of £330.02 million, a P/E ratio of 862.80 and a beta of 1.50.

Next 15 Group (LON:NFG - Get Free Report) last released its quarterly earnings data on Tuesday, September 30th. The company reported GBX 22.20 earnings per share (EPS) 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 plc will post 60.4827586 earnings per share 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.

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