Next Plc Stock Rating Reaffirmed by Numis Securities Ltd (NXT)
Next Plc (LON:NXT)‘s stock had its “hold” rating restated by research analysts at Numis Securities Ltd in a report released on Friday, American Banking & Market News reports. They currently have a GBX 5,250 ($82.08) price objective on the stock. Numis Securities Ltd’s price target points to a potential upside of 0.86% from the stock’s previous close.
Shares of Next Plc (LON:NXT) opened at 5215.00 on Friday. Next Plc has a 1-year low of GBX 3295.00 and a 1-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 £8.068 billion.
NXT has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “buy” rating on shares of Next Plc (LON:NXT) in a research note to investors on Friday. Separately, analysts at Morgan Stanley reiterated an “underweight” rating on shares of Next Plc (LON:NXT) in a research note to investors on Friday. They now have a GBX 3,920 ($61.29) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Next Plc (LON:NXT) from GBX 5,380 ($84.12) to GBX 5,600 ($87.55) in a research note to investors on Friday. They now have a “hold” rating on the stock.
Two analysts have rated the stock with a sell rating, sixteen have given a hold rating and five have given a buy rating to the company’s stock. Next Plc has a consensus rating of “Hold” and a consensus price target of GBX 4,627.34 ($72.35).
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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