Next 15 Group’s (NFG) Buy Rating Reaffirmed at Shore Capital

Shore Capital restated their buy rating on shares of Next 15 Group (LON:NFG) in a research note released on Thursday, Marketbeat reports.

Separately, Berenberg Bank reissued a buy rating and set a GBX 885 ($11.69) price objective on shares of Next 15 Group in a report on Tuesday, September 17th.

Next 15 Group Stock Performance

Shares of LON NFG opened at GBX 434 ($5.73) on Thursday. The stock’s 50-day simple moving average is GBX 757.49 and its 200-day simple moving average is GBX 859.79. The firm has a market capitalization of £437.99 million, a PE ratio of 868.00 and a beta of 1.51. Next 15 Group has a fifty-two week low of GBX 390 ($5.15) and a fifty-two week high of GBX 1,052 ($13.90).

Next 15 Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, November 22nd. Investors of record on Thursday, October 17th will be given a GBX 4.75 ($0.06) dividend. The ex-dividend date is Thursday, October 17th. This represents a dividend yield of 0.98%. Next 15 Group’s dividend payout ratio (DPR) is presently 3,000.00%.

Insider Activity at Next 15 Group

In other Next 15 Group news, insider Helen Hunter bought 3,235 shares of the business’s stock in a transaction dated Tuesday, September 17th. The shares were acquired at an average cost of GBX 460 ($6.08) per share, with a total value of £14,881 ($19,657.86). Insiders own 7.57% of the company’s stock.

About Next 15 Group

Next 15 Group plc, together with its subsidiaries, provides communications services in the United Kingdom, Europe, Africa, the United States, and the Asia Pacific. It offers strategy and insight, online marketing, corporate and internal communications, media training, brand and message consultancy, market research, digital, marketing communications, and creative and content, as well as public, media, analyst, and investor relation services; and digital and technology products and services.