NEXT plc (LON:NXT) traded down 0.6% on Monday . The company traded as low as GBX 4,337 ($58.37) and last traded at GBX 4,404 ($59.27). 624,419 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 665,979 shares. The stock had previously closed at GBX 4,432 ($59.65).
A number of equities research analysts recently weighed in on the stock. Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research note on Wednesday, November 1st. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 4,400 ($59.22) target price on shares of NEXT in a research note on Tuesday, November 21st. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 4,830 ($65.01) target price on shares of NEXT in a research note on Thursday, November 2nd. Jefferies Group raised their target price on shares of NEXT from GBX 3,850 ($51.82) to GBX 4,600 ($61.91) and gave the company an “underperform” rating in a research note on Friday, August 11th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 5,000 ($67.29) target price on shares of NEXT in a research note on Wednesday, November 1st. Ten research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 4,365.70 ($58.76).
The company also recently announced a dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be issued a GBX 45 ($0.61) dividend. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, January 4th.
COPYRIGHT VIOLATION NOTICE: This piece was first reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another site, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this piece can be viewed at https://www.com-unik.info/2017/12/04/next-nxt-shares-down-0-6.html.
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.