Shares of NEXT plc (LON:NXT) have been assigned an average recommendation of “Hold” from the eleven brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 5,762.50 ($75.30).
A number of equities analysts have issued reports on NXT shares. Credit Suisse Group restated an “underperform” rating and issued a GBX 5,200 ($67.95) price objective (up previously from GBX 4,800 ($62.72)) on shares of NEXT in a research report on Monday, April 29th. Liberum Capital boosted their price target on shares of NEXT from GBX 6,100 ($79.71) to GBX 6,500 ($84.93) and gave the company a “buy” rating in a research report on Wednesday, July 31st. Royal Bank of Canada boosted their price target on shares of NEXT from GBX 6,200 ($81.01) to GBX 6,700 ($87.55) and gave the company an “outperform” rating in a research report on Tuesday, August 6th. Shore Capital reiterated a “hold” rating on shares of NEXT in a research report on Wednesday, July 31st. Finally, Goldman Sachs Group upgraded shares of NEXT to a “buy” rating in a research report on Tuesday, August 13th.
Shares of NXT stock traded up GBX 84 ($1.10) during mid-day trading on Wednesday, reaching GBX 5,706 ($74.56). The stock had a trading volume of 354,223 shares, compared to its average volume of 625,680. The company has a 50-day moving average price of GBX 5,634.72. NEXT has a 52-week low of GBX 3,970 ($51.88) and a 52-week high of GBX 6,218 ($81.25). The company has a market capitalization of $7.59 billion and a price-to-earnings ratio of 13.18. 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 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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