NEXT (LON:NXT) Rating Reiterated by Shore Capital

NEXT (LON:NXTGet Rating)‘s stock had its “hold” rating reiterated by equities researchers at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

NXT has been the topic of a number of other reports. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 7,280 ($89.20) target price on shares of NEXT in a report on Friday, May 6th. Barclays decreased their target price on NEXT from GBX 8,800 ($107.83) to GBX 8,000 ($98.03) and set an “overweight” rating on the stock in a report on Friday, July 22nd. Royal Bank of Canada restated an “outperform” rating and issued a GBX 7,200 ($88.22) target price on shares of NEXT in a report on Monday, May 30th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on NEXT from GBX 7,850 ($96.19) to GBX 6,200 ($75.97) and set a “buy” rating on the stock in a report on Tuesday, July 5th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 7,768.57 ($95.19).

NEXT Stock Down 4.0 %

NXT opened at GBX 6,444 ($78.96) on Thursday. The company has a debt-to-equity ratio of 208.54, a quick ratio of 1.38 and a current ratio of 1.99. The company has a market capitalization of £8.33 billion and a PE ratio of 1,229.77. The stock’s fifty day moving average is GBX 6,305.06 and its 200-day moving average is GBX 6,436.36. NEXT has a one year low of GBX 5,578 ($68.35) and a one year high of GBX 8,484 ($103.96).

Insider Activity

In other news, insider Michael J. Roney bought 1,200 shares of the stock in a transaction on Thursday, June 16th. The shares were purchased at an average price of GBX 5,708 ($69.94) per share, for a total transaction of £68,496 ($83,930.89).

About NEXT

(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.

See Also

Analyst Recommendations for NEXT (LON:NXT)

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