Barclays PLC reiterated their underweight rating on shares of NEXT plc (LON:NXT) in a report issued on Thursday morning.

Other analysts also recently issued research reports about the stock. Investec reaffirmed a buy rating and set a GBX 4,750 ($62.68) price target on shares of NEXT plc in a report on Thursday, August 3rd. Deutsche Bank AG reaffirmed a hold rating and set a GBX 4,250 ($56.08) price target on shares of NEXT plc in a report on Friday, September 1st. Shore Capital reaffirmed a hold rating on shares of NEXT plc in a report on Thursday, August 3rd. Peel Hunt reaffirmed a hold rating and set a GBX 4,200 ($55.42) price target on shares of NEXT plc in a report on Thursday, August 3rd. Finally, Jefferies Group LLC raised shares of NEXT plc to a hold rating and raised their price objective for the stock from GBX 3,500 ($46.19) to GBX 3,850 ($50.80) in a report on Thursday, July 27th. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 4,491 ($59.26).

Shares of NEXT plc (NXT) traded down GBX 27 ($0.36) during midday trading on Thursday, hitting GBX 4,473 ($59.03). 637,027 shares of the stock were exchanged, compared to its average volume of 682,818. NEXT plc has a 12-month low of GBX 3,565 ($47.04) and a 12-month high of GBX 5,355 ($70.67).

ILLEGAL ACTIVITY WARNING: This article was originally published by Watch List News and is the property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at

The business also recently disclosed a dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be given a dividend of GBX 45 ($0.59) per share. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, January 4th.

In related news, insider Caroline Goodall acquired 450 shares of NEXT plc stock in a transaction dated Monday, August 7th. The shares were purchased at an average price of GBX 4,294 ($56.66) per share, for a total transaction of £19,323 ($25,498.81).

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.

Analyst Recommendations for NEXT plc (LON:NXT)

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