Next Fifteen Communications Group plc (NFC) PT Raised to GBX 220
Next Fifteen Communications Group plc (LON:NFC) had its price objective hoisted by equities researchers at Canaccord Genuity from GBX 199 ($2.86) to GBX 220 ($3.17) in a research report issued on Thursday, AnalystRatings.NET reports. The brokerage currently has a “hold” rating on the stock. Canaccord Genuity’s price objective points to a potential downside of 5.38% from the company’s current price.
Several other brokerages also recently commented on NFC. Peel Hunt restated a “buy” rating and issued a GBX 225 ($3.24) target price on shares of Next Fifteen Communications Group plc in a research note on Wednesday, December 9th. Investec restated a “buy” rating and issued a GBX 300 ($4.32) target price on shares of Next Fifteen Communications Group plc in a research note on Thursday.
Next Fifteen Communications Group plc (LON:NFC) traded down 0.77% during mid-day trading on Thursday, hitting GBX 230.71. The stock had a trading volume of 16,092 shares. The firm’s market cap is GBX 149.17 million. Next Fifteen Communications Group plc has a 52 week low of GBX 153.70 and a 52 week high of GBX 267.30. The company’s 50 day moving average price is GBX 238.59 and its 200 day moving average price is GBX 211.93.
In related news, insider Eyre,Richard bought 6,250 shares of the business’s stock in a transaction on Thursday, December 10th. The stock was acquired at an average price of GBX 240 ($3.45) per share, for a total transaction of £15,000 ($21,579.63).
Next Fifteen Communications Group plc is a United Kingdom-based communications company. The Company consists of 16 subsidiary agencies, spanning digital content, marketing, public relation (LON:NFC), consumer, technology, marketing software, market research, public affairs and policy communications. The Company’s 16 marketing businesses include five independent communications brands, with three specializing in the technology sector (Bite, Text 100 and The OutCast Agency) and two in the consumer space (Lexis and M Booth). The Company’s three agencies focuses on digital (Beyond, bDA and Connections Media), a programmatic advertising technology business (Encore), two market research companies (Redshift Research and Morar), two digital content marketing agencies (Republic Publishing and Story), a policy communications firm (463 Communications) and an investor relations consultancy (The Blueshirt Group).
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