NEXT plc (OTCMKTS:NXGPF) Given Average Rating of “Hold” by Brokerages

Shares of NEXT plc (OTCMKTS:NXGPFGet Rating) have been assigned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $7,229.50.

A number of research analysts have recently issued reports on the company. Societe Generale upgraded NEXT from a “hold” rating to a “buy” rating in a report on Friday, March 25th. Stifel Nicolaus assumed coverage on NEXT in a report on Friday, March 18th. They issued a “hold” rating on the stock. Credit Suisse Group cut their price target on NEXT from GBX 8,025 ($97.40) to GBX 6,450 ($78.29) in a report on Tuesday, May 17th. JPMorgan Chase & Co. cut their price target on NEXT from GBX 7,800 ($94.67) to GBX 7,280 ($88.36) in a report on Friday, March 25th. Finally, Grupo Santander raised NEXT from an “underperform” rating to a “neutral” rating and set a GBX 7,038 ($85.42) price objective for the company in a research report on Friday, March 4th.

Shares of OTCMKTS:NXGPF remained flat at $$78.70 on Friday. NEXT has a fifty-two week low of $75.80 and a fifty-two week high of $115.00. The business’s 50-day moving average price is $78.93 and its 200 day moving average price is $90.16.

NEXT Company Profile (Get Rating)

NEXT plc engages in the retail of clothing, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, NENA, and Property Management segments.

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Analyst Recommendations for NEXT (OTCMKTS:NXGPF)

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