NEXT plc Receives Consensus Rating of “Hold” from Analysts (LON:NXT)
NEXT plc (LON:NXT) has been given an average recommendation of “Hold” by the nineteen brokerages that are presently covering the stock, AmericanBankingNews.com reports. Three analysts have rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 6,642.07 ($111.43).
NEXT plc (LON:NXT) remained flat at GBX 6800.00 during during mid-day trading trading on Tuesday. The stock had a trading volume of 114,307 shares. NEXT plc has a 1-year low of GBX 4775.00 and a 1-year high of GBX 7967.00. The stock has a 50-day moving average of GBX 6565.68 and a 200-day moving average of GBX 6524.93. The company’s market cap is £10.121 billion.
NXT has been the subject of a number of recent research reports. Analysts at BNP Paribas reiterated a “neutral” rating on shares of NEXT plc in a research note on Tuesday. They now have a GBX 6,200 ($104.01) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of NEXT plc in a research note on Monday. They now have a GBX 6,700 ($112.40) price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of NEXT plc from GBX 7,740 ($129.84) to GBX 8,075 ($135.46) in a research note on Friday, August 1st. They now have a “buy” rating on the stock.
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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