Next 15 Group (LON:NFG) Rating Reiterated by Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Next 15 Group (LON:NFG) in a research note issued to investors on Tuesday morning, MarketBeat reports. Berenberg Bank currently has a GBX 1,450 ($18.05) price target on the stock.

Separately, Shore Capital reiterated a buy rating on shares of Next 15 Group in a report on Wednesday, January 24th.

Next 15 Group Stock Performance

NFG opened at GBX 880 ($10.95) on Tuesday. The firm’s fifty day moving average is GBX 920.98 and its two-hundred day moving average is GBX 810.59. The firm has a market cap of £873.14 million, a PE ratio of 3,380.77 and a beta of 1.42. Next 15 Group has a twelve month low of GBX 542 ($6.75) and a twelve month high of GBX 980.10 ($12.20).

Next 15 Group Increases Dividend

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