Next 15 Group (LON:NFG) Rating Reiterated by Shore Capital

Shore Capital restated their buy rating on shares of Next 15 Group (LON:NFG) in a research report sent to investors on Thursday, MarketBeat Ratings reports.

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 1,450 ($18.57) target price on shares of Next 15 Group in a report on Thursday, June 27th.

Next 15 Group Stock Performance

LON NFG opened at GBX 822 ($10.53) on Thursday. The firm has a market capitalization of £821.10 million, a P/E ratio of 1,644.00 and a beta of 1.42. The stock has a 50-day simple moving average of GBX 921.12 and a two-hundred day simple moving average of GBX 903.60. Next 15 Group has a fifty-two week low of GBX 542 ($6.94) and a fifty-two week high of GBX 1,052 ($13.48).

Next 15 Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be issued a GBX 10.60 ($0.14) dividend. This is a boost from Next 15 Group’s previous dividend of $4.75. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.12%. Next 15 Group’s payout ratio is presently 3,000.00%.

Insider Transactions at Next 15 Group

In other Next 15 Group news, insider Tim Dyson purchased 76,944 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was purchased at an average price of GBX 954 ($12.22) per share, for a total transaction of £734,045.76 ($940,240.50). Corporate insiders own 7.74% of the company’s stock.

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.