NEXT plc Stock Rating Reaffirmed by Jefferies Group (NXT)
NEXT plc (LON:NXT)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Group in a report issued on Wednesday. They currently have a GBX 8,000 ($132.76) price target on the stock. Jefferies Group’s price objective suggests a potential upside of 11.50% from the stock’s previous close.
Shares of NEXT plc (LON:NXT) traded up 0.07% on Wednesday, hitting GBX 7180.0005. 316,074 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’s 50-day moving average is GBX 6794.04 and its 200-day moving average is GBX 6609.08. The company’s market cap is £10.687 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of NEXT plc in a research note on Tuesday. They now have a GBX 6,700 ($111.18) price target on the stock. Separately, 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. Finally, 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. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 6,669.84 ($110.68).
Next plc is a United Kingdom based retailer offering products in clothing, footwear, accessories and home products.
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