Next Plc PT Raised to GBX 5,600 at Deutsche Bank (NXT)
Analysts at Deutsche Bank hoisted their target price on shares of Next Plc (LON:NXT) from GBX 5,380 ($84.12) to GBX 5,600 ($87.55) in a research report issued to clients and investors on Friday, American Banking & Market News reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target points to a potential upside of 7.59% from the stock’s previous close.
Shares of Next Plc (LON:NXT) traded down 0.48% on Friday, hitting GBX 5180.00. The stock had a trading volume of 189,761 shares. Next Plc has a one year low of GBX 3295.00 and a one year high of GBX 5225.00. The stock’s 50-day moving average is GBX 4954.43 and its 200-day moving average is GBX 4596.77. The company’s market cap is £8.014 billion.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Next Plc (LON:NXT) in a research note to investors on Thursday. They now have a GBX 4,650 ($72.70) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Next Plc (LON:NXT) in a research note to investors on Monday. They now have a GBX 4,880 ($76.30) price target on the stock. Finally, analysts at Santander raised their price target on shares of Next Plc (LON:NXT) from GBX 4,110 ($64.26) to GBX 5,000 ($78.17) in a research note to investors on Friday, September 6th. They now have a “hold” rating on the stock.
Two equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 4,637.86 ($72.51).
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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