NEXT (OTCMKTS:NXGPY) Downgraded by Grupo Santander

NEXT (OTCMKTS:NXGPY) was downgraded by equities research analysts at Grupo Santander from a “hold” rating to an “underweight” rating in a research note issued on Tuesday, The Fly reports.

Several other equities analysts have also commented on NXGPY. Zacks Investment Research raised shares of NEXT from a “hold” rating to a “buy” rating and set a $61.00 target price on the stock in a report on Wednesday, February 3rd. Exane BNP Paribas upgraded shares of NEXT from an “underperform” rating to a “neutral” rating in a research report on Monday, January 4th. UBS Group cut NEXT from a “buy” rating to a “neutral” rating in a research note on Friday, January 8th. Barclays reiterated an “overweight” rating on shares of NEXT in a research note on Friday, January 29th. Finally, Morgan Stanley restated an “underweight” rating on shares of NEXT in a research report on Thursday, January 28th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $61.00.

Shares of OTCMKTS NXGPY remained flat at $$53.08 during mid-day trading on Tuesday. The company had a trading volume of 96 shares, compared to its average volume of 8,206. The company has a 50 day moving average price of $54.26 and a 200-day moving average price of $44.56. NEXT has a 52 week low of $20.01 and a 52 week high of $57.00.

NEXT Company Profile

NEXT plc engages in the retail of clothing, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through 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 (OTCMKTS:NXGPY)

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