Next 15 Group (LON:NFG) Receives Buy Rating from Shore Capital

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

Separately, Berenberg Bank reaffirmed a buy rating and set a GBX 1,450 ($18.39) price target on shares of Next 15 Group in a report on Tuesday, April 16th.

Next 15 Group Price Performance

Next 15 Group stock opened at GBX 812.96 ($10.31) on Thursday. Next 15 Group has a one year low of GBX 542 ($6.88) and a one year high of GBX 1,052 ($13.35). The business’s fifty day moving average is GBX 944.72 and its 200 day moving average is GBX 902.67. The stock has a market capitalization of £812.07 million, a PE ratio of 1,725.45 and a beta of 1.42.

Next 15 Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, August 9th. Investors of record on Thursday, July 4th will be given a dividend of GBX 10.60 ($0.13) per share. This represents a yield of 1.12%. The ex-dividend date is Thursday, July 4th. This is a boost from Next 15 Group’s previous dividend of $4.75. Next 15 Group’s dividend payout ratio is 3,000.00%.

Insiders Place Their Bets

In other Next 15 Group news, insider Tim Dyson bought 76,944 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was bought at an average cost of GBX 954 ($12.10) per share, for a total transaction of £734,045.76 ($931,175.64). 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.