Next 15 Group’s (NFG) “Buy” Rating Reiterated at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Next 15 Group (LON:NFG) in a report released on Thursday morning, Marketbeat.com reports.

Separately, Berenberg Bank reissued a buy rating and set a GBX 885 ($11.69) price objective on shares of Next 15 Group in a report on Tuesday, September 17th.

Next 15 Group Stock Down 3.2 %

NFG stock opened at GBX 434 ($5.73) on Thursday. Next 15 Group has a twelve month low of GBX 390 ($5.15) and a twelve month high of GBX 1,052 ($13.90). The company has a market cap of £437.99 million, a P/E ratio of 868.00 and a beta of 1.51. The business has a fifty day moving average of GBX 757.49 and a 200-day moving average of GBX 860.28.

Next 15 Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 17th will be given a dividend of GBX 4.75 ($0.06) per share. This represents a dividend yield of 0.98%. The ex-dividend date of this dividend is Thursday, October 17th. Next 15 Group’s payout ratio is 3,000.00%.

Insider Activity

In related news, insider Helen Hunter bought 3,235 shares of Next 15 Group stock in a transaction on Tuesday, September 17th. The shares were purchased at an average price of GBX 460 ($6.08) per share, for a total transaction of £14,881 ($19,657.86). 7.57% of the stock is currently owned by company insiders.

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.