Beaufort Securities reissued their buy rating on shares of NEXT plc (LON:NXT) in a research note published on Friday.

Several other research analysts have also recently issued reports on NXT. Haitong Bank restated a buy rating and issued a GBX 5,900 ($77.01) target price on shares of NEXT plc in a report on Tuesday, May 31st. Berenberg Bank lowered their target price on shares of NEXT plc from GBX 8,150 ($106.38) to GBX 7,600 ($99.20) and set a buy rating for the company in a report on Wednesday, June 1st. Citigroup Inc. lowered their target price on shares of NEXT plc from GBX 8,400 ($109.65) to GBX 7,800 ($101.81) and set a buy rating for the company in a report on Wednesday, June 1st. Credit Suisse Group AG lowered their target price on shares of NEXT plc from GBX 7,000 ($91.37) to GBX 6,600 ($86.15) and set an underperform rating for the company in a report on Wednesday, June 1st. Finally, Deutsche Bank AG restated a hold rating and issued a GBX 7,200 ($93.98) target price on shares of NEXT plc in a report on Wednesday, June 1st. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company’s stock. NEXT plc presently has a consensus rating of Hold and an average price target of GBX 5,596.67 ($73.05).

NEXT plc (LON:NXT) opened at 4909.00 on Friday. The firm has a 50-day moving average of GBX 5,373.46 and a 200-day moving average of GBX 5,398.27. NEXT plc has a 12-month low of GBX 3,550.00 and a 12-month high of GBX 8,175.00. The stock’s market cap is GBX 7.12 billion.

The firm also recently disclosed a dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, December 8th will be paid a GBX 53 ($0.69) dividend. The ex-dividend date is Thursday, December 8th. This represents a yield of 1.07%.

About NEXT plc

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.

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