Shore Capital Reiterates Buy Rating for Next 15 Group (LON:NFG)

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

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 1,450 ($18.05) price objective on shares of Next 15 Group in a research note on Tuesday.

Next 15 Group Stock Performance

NFG stock opened at GBX 915 ($11.39) on Tuesday. The firm has a fifty day moving average price of GBX 920.08 and a 200 day moving average price of GBX 811.91. Next 15 Group has a fifty-two week low of GBX 542 ($6.75) and a fifty-two week high of GBX 980.10 ($12.20). The firm has a market cap of £907.86 million, a PE ratio of 3,519.23 and a beta of 1.42.

Next 15 Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be issued a GBX 10.60 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, July 4th. This is a boost from Next 15 Group’s previous dividend of $4.75. This represents a dividend yield of 1.12%. Next 15 Group’s dividend payout ratio is presently 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.