NEXT plc (LON:NXT) has been assigned a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 5,512.50 ($72.03).
A number of equities research analysts have recently commented on NXT shares. UBS Group reaffirmed a “buy” rating on shares of NEXT in a research note on Thursday, March 14th. Peel Hunt reiterated a “hold” rating on shares of NEXT in a research note on Thursday, March 21st. Liberum Capital restated a “buy” rating on shares of NEXT in a research report on Thursday, March 21st. Shore Capital restated a “hold” rating on shares of NEXT in a research report on Thursday, March 21st. Finally, HSBC increased their target price on shares of NEXT from GBX 5,900 ($77.09) to GBX 6,300 ($82.32) and gave the stock a “buy” rating in a research report on Friday, March 22nd.
Shares of LON:NXT traded down GBX 2 ($0.03) during trading on Tuesday, hitting GBX 5,544 ($72.44). The stock had a trading volume of 178,982 shares, compared to its average volume of 625,680. The business’s 50-day moving average price is GBX 5,694.52. The firm has a market capitalization of $7.12 billion and a PE ratio of 12.80. The company has a quick ratio of 1.26, a current ratio of 1.83 and a debt-to-equity ratio of 233.24. NEXT has a 12-month low of GBX 3,970 ($51.88) and a 12-month high of GBX 6,224 ($81.33).
NEXT Company Profile
NEXT plc engages in the retail of clothing, footwear, accessories, and/or home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in seven segments: NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.
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