NEXT (NXT) Stock Price Down 0%

Shares of NEXT plc (LON:NXT) fell 0% on Thursday . The company traded as low as GBX 4,943 ($67.03) and last traded at GBX 4,963 ($67.30). 920,542 shares changed hands during trading, an increase of 46% from the average session volume of 631,604 shares. The stock had previously closed at GBX 4,963 ($67.30).

A number of research firms have weighed in on NXT. Deutsche Bank increased their price objective on NEXT from GBX 4,400 ($59.67) to GBX 4,500 ($61.03) and gave the stock a “hold” rating in a research report on Friday, December 8th. Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research report on Wednesday, November 1st. Whitman Howard reaffirmed a “sell” rating and set a GBX 3,700 ($50.18) price objective on shares of NEXT in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 4,830 ($65.50) price objective on shares of NEXT in a research report on Thursday, November 2nd. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 5,000 ($67.81) price objective on shares of NEXT in a research report on Wednesday, November 1st. Thirteen investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 4,294.45 ($58.24).

The firm has a market cap of $7,290.00 and a P/E ratio of 1,165.89.

The company also recently disclosed a dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be paid a GBX 45 ($0.61) dividend. This represents a yield of 1.01%. The ex-dividend date is Thursday, January 4th.

In other news, insider Michael J. Roney acquired 405 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was purchased at an average cost of GBX 4,313 ($58.49) per share, with a total value of £17,467.65 ($23,688.16).

TRADEMARK VIOLATION WARNING: “NEXT (NXT) Stock Price Down 0%” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://www.dispatchtribunal.com/2018/01/13/next-nxt-stock-price-down-0.html.

About NEXT

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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply