Next 15 Group (LON:NFG) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Next 15 Group (LON:NFG) in a report released on Tuesday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 885 ($11.69) price target on the stock.

Separately, Shore Capital reaffirmed a buy rating on shares of Next 15 Group in a research note on Thursday, July 11th.

Next 15 Group Price Performance

Shares of NFG stock opened at GBX 448.50 ($5.92) on Tuesday. The stock has a market capitalization of £452.63 million, a PE ratio of 897.00 and a beta of 1.51. The business’s 50 day simple moving average is GBX 765.25 and its 200 day simple moving average is GBX 864.14. Next 15 Group has a one year low of GBX 390 ($5.15) and a one year high of GBX 1,052 ($13.90).

Next 15 Group Cuts Dividend

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

Insider Activity at Next 15 Group

In other Next 15 Group news, insider Helen Hunter bought 3,235 shares of the stock in a transaction on Tuesday, September 17th. The stock was acquired at an average cost of GBX 460 ($6.08) per share, for a total transaction of £14,881 ($19,657.86). 7.57% of the stock is owned by corporate insiders.

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.