NEXT (NXT) Receives “Buy” Rating from UBS Group
UBS Group restated their buy rating on shares of NEXT (LON:NXT) in a research note issued to investors on Tuesday morning, investing.thisismoney.co.uk reports.
Several other research analysts have also recently weighed in on NXT. Liberum Capital restated a hold rating on shares of NEXT in a report on Tuesday. Peel Hunt restated a hold rating on shares of NEXT in a report on Tuesday. Shore Capital restated a hold rating on shares of NEXT in a report on Tuesday. Deutsche Bank lowered their target price on NEXT from GBX 5,450 ($70.99) to GBX 5,400 ($70.34) and set a hold rating on the stock in a report on Thursday, August 2nd. Finally, HSBC boosted their target price on NEXT from GBX 4,600 ($59.92) to GBX 5,550 ($72.29) and gave the stock a hold rating in a report on Monday, July 9th. Twelve analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 4,787.55 ($62.36).
Shares of NEXT stock opened at GBX 5,552 ($72.32) on Tuesday. NEXT has a 1-year low of GBX 3,565 ($46.44) and a 1-year high of GBX 5,355 ($69.75).
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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