UBS AG Increases Next Plc Price Target to GBX 5,350 (NXT)
Stock analysts at UBS AG lifted their price objective on shares of Next Plc (LON:NXT) from GBX 4,880 ($77.48) to GBX 5,350 ($84.95) in a report issued on Thursday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock. UBS AG’s price objective would suggest a potential upside of 4.09% from the company’s current price.
A number of other firms have also recently commented on NXT. Analysts at Citigroup Inc. raised their price target on shares of Next Plc (LON:NXT) from GBX 5,650 ($89.71) to GBX 5,850 ($92.89) in a research note to investors on Friday, September 13th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Next Plc (LON:NXT) in a research note to investors on Friday, September 13th. They now have a GBX 5,250 ($83.36) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “buy” rating on shares of Next Plc (LON:NXT) in a research note to investors on Friday, September 13th.
Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 4,662.60 ($74.03).
Next Plc (LON:NXT) opened at 5165.00 on Thursday. Next Plc has a one year low of GBX 3411.00 and a one year high of GBX 5255.00. The stock has a 50-day moving average of GBX 4986.83 and a 200-day moving average of GBX 4626.85. The company’s market cap is £7.898 billion.
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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