NEXT plc Price Target Raised to GBX 6,800 at Credit Suisse (NXT)
Stock analysts at Credit Suisse boosted their price objective on shares of NEXT plc (LON:NXT) from GBX 6,500 ($110.71) to GBX 6,800 ($115.82) in a report issued on Monday. The firm currently has a “neutral” rating on the stock. Credit Suisse’s target price points to a potential upside of 4.94% from the stock’s previous close.
NXT has been the subject of a number of other recent research reports. Analysts at Berenberg Bank initiated coverage on shares of NEXT plc in a research note on Thursday, May 15th. They set a “buy” rating and a GBX 7,740 ($131.83) price target on the stock. Separately, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of NEXT plc in a research note on Wednesday, April 30th. They now have a GBX 7,200 ($122.64) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of NEXT plc in a research note on Thursday, May 1st. They now have a GBX 7,025 ($119.66) price target on the stock. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 6,369.59 ($108.49).
Shares of NEXT plc (LON:NXT) opened at 6480.0005 on Monday. NEXT plc has a 52 week low of GBX 4541.00 and a 52 week high of GBX 7967.00. The stock’s 50-day moving average is GBX 6500.68 and its 200-day moving average is GBX 6335.58. The company’s market cap is £9.645 billion.
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.