Next 15 Group (LON:NFG) Stock Gets Price Target Reduction from Canaccord Genuity Group

Next 15 Group (LON:NFG) had its price objective decreased by Canaccord Genuity Group from GBX 455 to GBX 430 in a research note released on Monday morning,Digital Look reports. Canaccord Genuity Group currently has a buy rating on the stock.

A number of other research firms have also recently weighed in on NFG. Deutsche Bank reaffirmed a “buy” rating and set a GBX 473 price target on shares of Next 15 Group in a research note on Friday, November 6th. Berenberg Bank reduced their price objective on shares of Next 15 Group from GBX 510 to GBX 475 and set a “buy” rating for the company in a research note on Friday, November 6th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 465 price objective on shares of Next 15 Group in a report on Thursday, October 8th. Four analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 460.75.

Next 15 Group Price Performance

Next 15 Group stock opened at GBX 330 on Monday. The stock’s 50 day moving average price is GBX 320.75 and its 200 day moving average price is GBX 288.66. Next 15 Group has a 1-year low of GBX 217 and a 1-year high of GBX 374. The company has a market cap of £337.68 million, a PE ratio of -10.31 and a beta of 1.33.

Next 15 Group (LON:NFG) last released its quarterly earnings data on Thursday, October 8th. The company reported GBX 22 earnings per share (EPS) for the quarter. Next 15 Group had a negative return on equity of 25.66% and a negative net margin of 5.44%. On average, equities research analysts anticipate that Next 15 Group will post 60.48 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. With a focus on innovation and a commitment to sustainability, we help clients navigate the complexities of modern markets. The company’s approach is underpinned by four pillars of excellence: Customer Insight, Customer Engagement, Customer Delivery, and Business Transformation.