Deutsche Bank reiterated their hold rating on shares of NEXT (LON:NXT) in a research report sent to investors on Tuesday morning. Deutsche Bank currently has a GBX 4,500 ($60.17) target price on the stock.

Other equities analysts have also issued research reports about the stock. Peel Hunt reiterated a hold rating and set a GBX 4,200 ($56.16) price target on shares of NEXT in a report on Thursday, September 14th. Shore Capital reiterated a hold rating on shares of NEXT in a report on Thursday, September 14th. Societe Generale lifted their price target on shares of NEXT from GBX 4,129 ($55.21) to GBX 4,737 ($63.34) and gave the stock a hold rating in a report on Friday, September 15th. Numis Securities reiterated a hold rating and set a GBX 5,100 ($68.19) price target on shares of NEXT in a report on Friday, September 15th. Finally, Jefferies Group lifted their price target on shares of NEXT from GBX 4,600 ($61.51) to GBX 5,200 ($69.53) and gave the stock a hold rating in a report on Friday, September 15th. Thirteen analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. NEXT has a consensus rating of Hold and a consensus target price of GBX 4,294.45 ($57.42).

NEXT (LON:NXT) opened at GBX 4,854 ($64.90) on Tuesday. The company has a market cap of $7,080.00 and a price-to-earnings ratio of 1,134.11. NEXT has a fifty-two week low of GBX 3,565 ($47.67) and a fifty-two week high of GBX 5,355 ($71.60).

The business also recently declared a dividend, which will be paid on Thursday, January 25th. Shareholders of record on Thursday, January 4th will be paid a GBX 45 ($0.60) dividend. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, January 4th.

In related news, insider Michael J. Roney purchased 405 shares of the firm’s stock in a transaction on Thursday, November 9th. The stock was purchased at an average cost of GBX 4,313 ($57.67) per share, with a total value of £17,467.65 ($23,355.60).

COPYRIGHT VIOLATION NOTICE: “NEXT (NXT) Stock Rating Reaffirmed by Deutsche Bank” was published by Watch List News and is the property of of Watch List News. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://www.watchlistnews.com/next-nxt-stock-rating-reaffirmed-by-deutsche-bank/1796521.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.

Analyst Recommendations for NEXT (LON:NXT)

Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.