NEXT (NXT) Rating Reiterated by UBS Group

NEXT (LON:NXT)‘s stock had its “buy” rating reiterated by investment analysts at UBS Group in a report released on Tuesday, investing.thisismoney.co.uk reports.

NXT has been the topic of several other research reports. Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research note on Tuesday. Royal Bank of Canada lifted their price objective on shares of NEXT from GBX 6,300 ($82.06) to GBX 6,700 ($87.27) and gave the stock an “outperform” rating in a research note on Wednesday, July 18th. Liberum Capital reaffirmed a “hold” rating on shares of NEXT in a research note on Tuesday. Deutsche Bank lowered their price objective on shares of NEXT from GBX 5,450 ($70.99) to GBX 5,400 ($70.34) and set a “hold” rating on the stock in a research note on Thursday, August 2nd. Finally, HSBC lifted their price objective on shares of NEXT from GBX 4,600 ($59.92) to GBX 5,550 ($72.29) and gave the stock a “hold” rating in a research note on Monday, July 9th. Twelve analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 4,787.55 ($62.36).

NEXT stock opened at GBX 5,384.10 ($70.13) on Tuesday. NEXT has a 52 week low of GBX 3,565 ($46.44) and a 52 week high of GBX 5,355 ($69.75).

In other NEXT news, insider Richard Papp sold 1,100 shares of the firm’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of GBX 5,713 ($74.42), for a total value of £62,843 ($81,858.80).

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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