NEXT plc (LON:NXT) dropped 0.1% during trading on Thursday . The company traded as low as GBX 4,863 ($64.17) and last traded at GBX 4,890 ($64.53). Approximately 323,297 shares changed hands during trading, a decline of 56% from the average daily volume of 739,981 shares. The stock had previously closed at GBX 4,895 ($64.59).
NXT has been the topic of a number of recent analyst reports. Investec reissued 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. Shore Capital reissued a “hold” rating on shares of NEXT plc in a report on Thursday, August 3rd. Peel Hunt reissued 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. Deutsche Bank AG reissued a “hold” rating and set a GBX 4,250 ($56.08) price target on shares of NEXT plc in a report on Tuesday, July 18th. Finally, Jefferies Group LLC raised NEXT plc to a “hold” rating and raised their price target for the company 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 given a hold rating and four have given a buy rating to the company’s stock. NEXT plc currently has a consensus rating of “Hold” and a consensus target price of GBX 4,431.95 ($58.48).
The stock’s 50-day moving average is GBX 4,964.05 and its 200 day moving average is GBX 4,357.77. The firm’s market capitalization is GBX 6.96 billion.
The company also recently declared a dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Thursday, December 7th will be issued a dividend of GBX 53 ($0.70) per share. The ex-dividend date of this dividend is Thursday, December 7th. This represents a dividend yield of 1.05%. This is an increase from NEXT plc’s previous dividend of $45.00.
In other news, insider Michael J. Roney purchased 9,061 shares of the business’s stock in a transaction dated Thursday, August 3rd. The stock was acquired at an average price of GBX 4,386 ($57.88) per share, for a total transaction of £397,415.46 ($524,433.17). Also, insider Caroline Goodall purchased 450 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were purchased at an average price of GBX 4,294 ($56.66) per share, with a total value of £19,323 ($25,498.81).
ILLEGAL ACTIVITY WARNING: This piece of content was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/10/28/next-plc-nxt-stock-price-down-0-1.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.
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 MarketBeat.com's FREE daily email newsletter.