NEXT plc (OTCMKTS:NXGPF) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of NEXT plc (OTCMKTS:NXGPF) have been assigned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

NXGPF has been the topic of a number of recent analyst reports. Jefferies Financial Group lowered shares of NEXT from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Morgan Stanley reiterated an “overweight” rating on shares of NEXT in a report on Monday, October 27th.

NEXT Stock Performance

Shares of NEXT stock opened at $187.76 on Thursday. NEXT has a 52-week low of $121.50 and a 52-week high of $187.78. The company’s 50 day moving average price is $187.76 and its 200-day moving average price is $173.60.

NEXT Company Profile

Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.

The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.