NEXT plc Given “Hold” Rating at Deutsche Bank (NXT)
NEXT plc (LON:NXT)‘s stock had its “hold” rating reissued by research analysts at Deutsche Bank in a report released on Tuesday. They currently have a GBX 6,700 ($111.18) price target on the stock. Deutsche Bank’s price objective points to a potential downside of 6.62% from the stock’s previous close.
NEXT plc (LON:NXT) traded down 0.14% on Tuesday, hitting GBX 7175.00. 262,390 shares of the company’s stock traded hands. NEXT plc has a 52 week low of GBX 4908.00 and a 52 week high of GBX 7967.00. The stock has a 50-day moving average of GBX 6794.04 and a 200-day moving average of GBX 6609.08. The company’s market cap is £10.679 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of NEXT plc in a research note on Tuesday, August 12th. They now have a GBX 6,200 ($102.89) 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, August 11th. They now have a GBX 6,700 ($111.18) price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of NEXT plc from GBX 7,740 ($128.44) to GBX 8,075 ($134.00) in a research note on Friday, August 1st. They now have a “buy” rating on the stock. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 6,642.07 ($110.22).
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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