Berenberg Bank Lowers Next 15 Group (LON:NFG) Price Target to GBX 660

Next 15 Group (LON:NFG) had its price target cut by analysts at Berenberg Bank from GBX 790 ($10.46) to GBX 660 ($8.74) in a research report issued to clients and investors on Tuesday, Marketbeat reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 176.15% from the stock’s current price.

Next 15 Group Trading Up 2.8 %

Shares of NFG stock opened at GBX 239 ($3.16) on Tuesday. Next 15 Group has a twelve month low of GBX 217.35 ($2.88) and a twelve month high of GBX 1,052 ($13.92). The company has a market capitalization of £241.21 million, a price-to-earnings ratio of 3.93 and a beta of 1.50. The firm has a 50-day moving average price of GBX 291.27 and a 200 day moving average price of GBX 361.22.

Next 15 Group (LON:NFG) last announced its earnings results on Tuesday, April 15th. The company reported GBX 71.90 ($0.95) earnings per share (EPS) for the quarter. Next 15 Group had a net margin of 8.28% and a return on equity of 37.44%. As a group, research analysts predict that Next 15 Group will post 60.4827586 earnings per share for the current year.

About Next 15 Group

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.