NEXT (NXT) PT Raised to GBX 4,500
NEXT (LON:NXT) had its target price hoisted by analysts at Deutsche Bank from GBX 4,400 ($59.22) to GBX 4,500 ($60.57) in a report issued on Friday. The firm presently has a “hold” rating on the stock. Deutsche Bank’s price target indicates a potential upside of 0.22% from the company’s previous close.
Other research analysts have also recently issued research reports about the stock. Credit Suisse Group restated an “underperform” rating and set a GBX 4,000 ($53.84) price objective on shares of NEXT in a report on Friday, September 1st. restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a report on Thursday, November 2nd. restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a report on Thursday, November 2nd. HSBC restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a report on Thursday, November 2nd. Finally, Barclays restated an “underweight” rating and set a GBX 3,900 ($52.49) price objective on shares of NEXT in a report on Friday, September 22nd. Ten research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 4,370.04 ($58.82).
NEXT (NXT) opened at GBX 4,490.20 ($60.43) on Friday. NEXT has a 1-year low of GBX 3,565 ($47.98) and a 1-year high of GBX 5,355 ($72.07).
In other NEXT news, insider Michael J. Roney bought 405 shares of NEXT stock in a transaction that occurred on Thursday, November 9th. The stock was acquired at an average price of GBX 4,313 ($58.05) per share, for a total transaction of £17,467.65 ($23,509.62).
COPYRIGHT VIOLATION NOTICE: “NEXT (NXT) PT Raised to GBX 4,500” was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright laws. The legal version of this story can be read at https://theolympiareport.com/2017/12/08/next-nxt-pt-raised-to-gbx-4500.html.
NEXT Company Profile
NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.
Receive News & Ratings for NEXT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT plc and related companies with Analyst Ratings Network's FREE daily email newsletter.