Next 15 Group (LON:NFG) Shares Down 1.1% – What’s Next?

Shares of Next 15 Group plc (LON:NFG) were down 1.1% during trading on Monday. The company traded as low as GBX 308 and last traded at GBX 313. 317,988 shares were traded during trading, a decline of 34% from the average session volume of 481,312 shares. The stock had previously closed at GBX 316.53.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 510 price objective on shares of Next 15 Group in a research report on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 494.50.

Next 15 Group Stock Performance

The company has a fifty day moving average of GBX 315.70 and a two-hundred day moving average of GBX 278.82. The firm has a market capitalization of £329.56 million, a price-to-earnings ratio of -10.74 and a beta of 1.30.

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. 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.