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).

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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.

Analyst Recommendations for NEXT (LON:NXT)

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