Next 15 Group (LON:NFG) Reaches New 12-Month High – Still a Buy?

Next 15 Group plc (LON:NFG) shares reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 374 and last traded at GBX 346.50, with a volume of 4,491,476 shares changing hands. The stock had previously closed at GBX 358.

Analyst Ratings Changes

Several brokerages have weighed in on NFG. Berenberg Bank lowered their target price on Next 15 Group from GBX 510 to GBX 475 and set a “buy” rating on the stock in a research note on Friday. Peel Hunt restated a “buy” rating and set a GBX 465 price target on shares of Next 15 Group in a research note on Thursday, October 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 473 price target on shares of Next 15 Group in a report on Friday. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 471.

Next 15 Group Stock Performance

The stock has a market capitalization of £340.75 million, a PE ratio of -10.41 and a beta of 1.33. The company’s fifty day simple moving average is GBX 319.90 and its two-hundred day simple moving average is GBX 289.09.

Next 15 Group (LON:NFG) last announced its earnings results on Thursday, October 8th. The company reported GBX 22 earnings per share (EPS) for the quarter. Next 15 Group had a negative net margin of 5.44% and a negative return on equity of 25.66%. Sell-side analysts forecast that Next 15 Group plc will post 60.48 EPS for the current fiscal 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. 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.