NEXT (LON:NXT) Given “Buy” Rating at Liberum Capital

Liberum Capital restated their buy rating on shares of NEXT (LON:NXT) in a research report sent to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued reports about the stock. Shore Capital reaffirmed a house stock rating on shares of in a research note on Thursday, June 20th. Credit Suisse Group reissued a sell rating and issued a $6.50 target price on shares of Deutsche Bank in a research note on Monday, April 29th. HSBC set a €10.10 ($11.74) target price on shares of Deutz and gave the stock a buy rating in a report on Friday, March 22nd. Peel Hunt reaffirmed a buy rating and set a GBX 1,600 ($20.91) price target (up from GBX 1,500 ($19.60)) on shares of Avon Rubber in a research note on Wednesday, May 1st. Finally, Jefferies Financial Group assumed coverage on shares of Pinduoduo in a report on Monday, April 15th. They set a buy rating and a $30.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 5,520 ($72.13).

LON NXT opened at GBX 5,436 ($71.03) on Wednesday. The firm’s 50 day moving average is GBX 5,598.76. NEXT has a fifty-two week low of GBX 3,970 ($51.88) and a fifty-two week high of GBX 6,224 ($81.33). The company has a market cap of $7.26 billion and a P/E ratio of 12.55. The company has a current ratio of 1.83, a quick ratio of 1.26 and a debt-to-equity ratio of 233.24.

NEXT Company Profile

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

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Analyst Recommendations for NEXT (LON:NXT)

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