NEXT (LON:NXT – Get Free Report)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday,London Stock Exchange reports. They currently have a £140 price objective on the stock. Deutsche Bank Aktiengesellschaft’s target price indicates a potential downside of 10.14% from the stock’s current price.
A number of other analysts have also weighed in on the stock. Berenberg Bank upped their target price on shares of NEXT from £180 to £187 and gave the stock a “buy” rating in a report on Thursday. Shore Capital Group restated a “buy” rating and set a £175 price target on shares of NEXT in a research report on Thursday. Citigroup decreased their price target on shares of NEXT from £135.42 to £132 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. Peel Hunt reissued a “hold” rating and set a £139 price objective on shares of NEXT in a research note on Wednesday. Finally, JPMorgan Chase & Co. boosted their target price on NEXT from £130.30 to £140.40 and gave the stock a “neutral” rating in a research report on Thursday. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of £153.55.
View Our Latest Stock Analysis on NEXT
NEXT Stock Performance
Insider Buying and Selling
In other news, insider Jonathan Blanchard sold 18,012 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of £148.02, for a total value of £2,666,136.24. 1.66% of the stock is currently owned by corporate insiders.
NEXT Company Profile
Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.
NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.
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