NEXT plc (LON:NXT) has received a consensus rating of “Hold” from the twenty-four ratings firms that are currently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 4,544.38 ($59.18).
Several research analysts have issued reports on the stock. Shore Capital reissued a “sell” rating on shares of NEXT plc in a research report on Thursday, May 4th. Canaccord Genuity reissued a “sell” rating and set a GBX 3,714 ($48.37) price objective on shares of NEXT plc in a research report on Thursday, May 4th. Jefferies Group LLC raised their price objective on shares of NEXT plc from GBX 3,850 ($50.14) to GBX 4,600 ($59.90) and gave the stock an “underperform” rating in a research report on Friday. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 4,580 ($59.64) price objective on shares of NEXT plc in a research report on Friday, August 4th. Finally, Investec raised shares of NEXT plc to a “buy” rating and raised their price objective for the stock from GBX 3,900 ($50.79) to GBX 4,750 ($61.86) in a research report on Wednesday, May 10th.
NEXT plc (LON NXT) opened at 4400.00 on Tuesday. The stock’s 50 day moving average price is GBX 3,935.49 and its 200-day moving average price is GBX 4,069.76. The stock’s market cap is GBX 6.28 billion. NEXT plc has a 12 month low of GBX 3,565.00 and a 12 month high of GBX 5,705.00.
The company also recently disclosed a dividend, which will be paid on Wednesday, November 1st. Investors of record on Thursday, October 5th will be issued a GBX 45 ($0.59) dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 1.02%.
In other news, insider Michael J. Roney acquired 9,061 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average price of GBX 4,386 ($57.12) per share, for a total transaction of £397,415.46 ($517,535.43). Also, insider Caroline Goodall acquired 450 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average price of GBX 4,294 ($55.92) per share, for a total transaction of £19,323 ($25,163.43).
TRADEMARK VIOLATION WARNING: “NEXT plc (NXT) Receives GBX 4,481 Average Target Price from Brokerages” was published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.com-unik.info/2017/08/12/next-plc-nxt-receives-average-recommendation-of-hold-from-analysts-updated-updated.html.
NEXT plc 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.
What are top analysts saying about NEXT plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for NEXT plc and related companies.