Berenberg Bank Reaffirms Buy Rating for Next 15 Group (LON:NFG)

Berenberg Bank reiterated their buy rating on shares of Next 15 Group (LON:NFG) in a report released on Tuesday morning, Marketbeat reports. They currently have a GBX 1,450 ($18.05) target price on the stock.

Separately, Shore Capital reiterated a buy rating on shares of Next 15 Group in a research note on Wednesday, January 24th.

Next 15 Group Price Performance

NFG opened at GBX 888 ($11.05) on Tuesday. The stock has a market capitalization of £881.07 million, a price-to-earnings ratio of 3,415.38 and a beta of 1.42. The business has a fifty day moving average price of GBX 919.32 and a 200 day moving average price of GBX 813.91. Next 15 Group has a 12 month low of GBX 542 ($6.75) and a 12 month high of GBX 980.10 ($12.20).

Next 15 Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be given a dividend of GBX 10.60 ($0.13) per share. This represents a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, July 4th. This is an increase from Next 15 Group’s previous dividend of $4.75. Next 15 Group’s payout ratio is currently 5,769.23%.

Next 15 Group Company Profile

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.