NEXT plc (OTCMKTS:NXGPF) Receives Average Recommendation of “Moderate Buy” from Analysts

NEXT plc (OTCMKTS:NXGPF) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

A number of equities analysts recently weighed in on NXGPF shares. Morgan Stanley reissued an “overweight” rating on shares of NEXT in a research note on Monday, October 27th. Jefferies Financial Group downgraded NEXT from a “buy” rating to a “hold” rating in a report on Sunday, December 14th.

NEXT Stock Performance

Shares of OTCMKTS NXGPF opened at $187.76 on Thursday. The company’s 50 day moving average price is $187.76 and its 200-day moving average price is $174.29. NEXT has a 52-week low of $121.50 and a 52-week high of $187.78.

NEXT Company Profile

Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.

The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.