Canaccord Genuity Upgrades Next Fifteen Communications Group to Buy (NFC)
Next Fifteen Communications Group (LON:NFC) was upgraded by Canaccord Genuity to a “buy” rating in a research note issued on Tuesday, Analyst RN reports. The firm currently has a GBX 108 ($1.77) price objective on the stock, up from their previous price objective of GBX 94 ($1.54). Canaccord Genuity’s target price points to a potential upside of 25.58% from the company’s current price.
Next Fifteen Communications Group (LON:NFC) traded up 4.05% on Tuesday, hitting GBX 90.00. 1,256,189 shares of the company’s stock traded hands. Next Fifteen Communications Group has a 52-week low of GBX 79.00 and a 52-week high of GBX 116.00. The stock’s 50-day moving average is GBX 86.55 and its 200-day moving average is GBX 88.03.
NFC has been the subject of a number of other recent research reports. Analysts at Westhouse Securities downgraded shares of Next Fifteen Communications Group to a “neutral” rating in a research note to investors on Thursday, October 31st. They now have a GBX 74 ($1.21) price target on the stock, down previously from GBX 105 ($1.72).
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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