NEXT (NXT) Receives “Buy” Rating from UBS Group
NEXT (LON:NXT)‘s stock had its “buy” rating reaffirmed by UBS Group in a report issued on Friday, investing.thisismoney.co.uk reports.
NXT has been the subject of a number of other reports. Deutsche Bank decreased their price target on shares of NEXT from GBX 5,450 ($71.21) to GBX 5,400 ($70.56) and set a “hold” rating for the company in a research report on Thursday, August 2nd. HSBC upped their price target on shares of NEXT from GBX 4,600 ($60.11) to GBX 5,550 ($72.52) and gave the stock a “hold” rating in a research report on Monday, July 9th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of NEXT in a research report on Tuesday, October 16th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of NEXT in a research report on Thursday, October 4th. Finally, Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research report on Tuesday, September 25th. Ten equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 4,881.63 ($63.79).
Shares of NEXT stock opened at GBX 5,138 ($67.14) on Friday. NEXT has a twelve month low of GBX 3,565 ($46.58) and a twelve month high of GBX 5,355 ($69.97).
NEXT Company Profile
NEXT plc engages in the retail of clothing, footwear, accessories, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in six segments: NEXT Retail, NEXT Online, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.
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