Next 15 Group (LON:NFG) Given Buy Rating at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Next 15 Group (LON:NFG) in a research note published on Thursday morning, MarketBeat.com reports.

Separately, Berenberg Bank restated a buy rating and issued a GBX 885 ($11.69) target price on shares of Next 15 Group in a report on Tuesday.

Next 15 Group Stock Down 0.3 %

NFG stock opened at GBX 447 ($5.90) on Thursday. The stock has a market cap of £451.11 million, a price-to-earnings ratio of 897.00 and a beta of 1.51. Next 15 Group has a fifty-two week low of GBX 390 ($5.15) and a fifty-two week high of GBX 1,052 ($13.90). The business has a 50 day moving average price of GBX 765.25 and a 200 day moving average price of GBX 864.14.

Next 15 Group Cuts Dividend

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

Insider Buying and Selling

In other news, insider Helen Hunter acquired 3,235 shares of the firm’s stock in a transaction dated Tuesday, September 17th. The stock was acquired at an average cost of GBX 460 ($6.08) per share, with a total value 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.