NEXT plc (NXT) Given Average Recommendation of “Hold” by Analysts

Shares of NEXT plc (LON:NXT) have been assigned an average recommendation of “Hold” from the nineteen ratings firms that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 5,097.21 ($66.60).

Several equities analysts have recently commented on the stock. HSBC upgraded shares of NEXT to a “buy” rating and boosted their price target for the company from GBX 5,700 ($74.48) to GBX 6,050 ($79.05) in a report on Wednesday, November 14th. UBS Group assumed coverage on shares of NEXT in a report on Tuesday, September 18th. They set a “buy” rating and a GBX 6,600 ($86.24) price target on the stock. Royal Bank of Canada restated an “outperform” rating and set a GBX 6,700 ($87.55) price target on shares of NEXT in a report on Wednesday, October 31st. JPMorgan Chase & Co. restated a “neutral” rating on shares of NEXT in a report on Thursday, October 4th. Finally, Shore Capital restated a “hold” rating on shares of NEXT in a report on Tuesday, September 25th.

LON NXT opened at GBX 4,735 ($61.87) on Friday. NEXT has a twelve month low of GBX 3,565 ($46.58) and a twelve month high of GBX 5,355 ($69.97).

The firm also recently disclosed a dividend, which will be paid on Wednesday, January 2nd. Investors of record on Thursday, December 6th will be issued a GBX 55 ($0.72) dividend. This represents a yield of 1%. The ex-dividend date is Thursday, December 6th.

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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