Next Fifteen Communications Group Stock Rating Lowered by Canaccord Genuity (NFC)
Next Fifteen Communications Group (LON:NFC) was downgraded by analysts at Canaccord Genuity to a “hold” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings Net reports. They currently have a GBX 94 ($1.52) price target on the stock, down from their previous price target of GBX 120 ($1.94). Canaccord Genuity’s target price indicates a potential upside of 34.29% from the company’s current price.
A number of other analysts have also recently weighed in on NFC. Analysts at Westhouse Securities reiterated an “add” rating on shares of Next Fifteen Communications Group in a research note to investors on Monday. They now have a GBX 105 ($1.70) price target on the stock.
Shares of Next Fifteen Communications Group (LON:NFC) traded down 24.73% on Tuesday, hitting GBX 70.00. The stock had a trading volume of 168,677 shares. Next Fifteen Communications Group has a 52-week low of GBX 79.00 and a 52-week high of GBX 116.00. The stock has a 50-day moving average of GBX 91.57 and a 200-day moving average of GBX 91.75.
Next Fifteen Communications Group plc owns five independent subsidiary PR brands: Text 100, Bite and The OutCast Agency in its Technology PR division, and Lexis and M Booth in its Consumer PR division.
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