NEXT (NXT) Rating Reiterated by Peel Hunt

NEXT (LON:NXT)‘s stock had its “hold” rating reaffirmed by investment analysts at Peel Hunt in a research note issued on Wednesday.

A number of other equities research analysts also recently commented on the company. UBS Group began coverage on NEXT in a report on Tuesday, September 18th. They issued a “buy” rating and a GBX 6,600 ($86.24) target price for the company. Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research note on Tuesday, September 25th. Credit Suisse Group raised NEXT to a “neutral” rating and lifted their price target for the stock from GBX 4,350 ($56.84) to GBX 5,800 ($75.79) in a research note on Monday, October 22nd. Liberum Capital reaffirmed a “hold” rating on shares of NEXT in a research note on Tuesday, September 25th. Finally, Royal Bank of Canada lifted their price target on NEXT from GBX 6,300 ($82.32) to GBX 6,700 ($87.55) and gave the stock an “outperform” rating in a research note on Wednesday, July 18th. Ten analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 4,881.63 ($63.79).

NEXT stock opened at GBX 5,112 ($66.80) on Wednesday. NEXT has a one year low of GBX 3,565 ($46.58) and a one year high of GBX 5,355 ($69.97).

In related news, insider Richard Papp sold 1,100 shares of the business’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of GBX 5,713 ($74.65), for a total value of £62,843 ($82,115.51).

NEXT Company Profile

NEXT plc engages in the retail of clothing, footwear, accessories, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in six segments: NEXT Retail, NEXT Online, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.

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Analyst Recommendations for NEXT (LON:NXT)

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