NEXT (OTCMKTS:NXGPF) Rating Lowered to Hold at Investec

NEXT (OTCMKTS:NXGPFGet Rating) was downgraded by investment analysts at Investec from a “buy” rating to a “hold” rating in a research report issued on Tuesday, The Fly reports.

A number of other brokerages have also issued reports on NXGPF. Stifel Nicolaus upgraded shares of NEXT from a “hold” rating to a “buy” rating in a research note on Friday, December 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of NEXT from GBX 5,700 ($69.44) to GBX 6,100 ($74.32) in a research note on Friday, January 6th. Barclays dropped their price target on shares of NEXT from GBX 8,100 ($98.68) to GBX 7,000 ($85.28) in a research note on Thursday, November 3rd. JPMorgan Chase & Co. lifted their price target on shares of NEXT from GBX 5,600 ($68.23) to GBX 6,000 ($73.10) in a research note on Friday, January 6th. Finally, Panmure Gordon upgraded shares of NEXT from a “hold” rating to a “buy” rating in a research note on Friday, January 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $6,505.43.

NEXT Price Performance

OTCMKTS NXGPF opened at $67.83 on Tuesday. The company’s fifty day simple moving average is $66.53 and its 200-day simple moving average is $69.47. NEXT has a 52 week low of $54.00 and a 52 week high of $68.30.

About NEXT

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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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