NEXT (LON:NXT – Get Free Report)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Financial Group in a report released on Wednesday, Marketbeat reports. They currently have a £158 price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 3.57% from the stock’s previous close.
NXT has been the topic of several other reports. Peel Hunt reissued a “hold” rating and set a £139 price target on shares of NEXT in a research report on Wednesday, August 5th. Shore Capital Group reaffirmed a “buy” rating and issued a £175 price objective on shares of NEXT in a research report on Thursday, September 17th. Citigroup lifted their price objective on shares of NEXT from £132 to £155 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Berenberg Bank reissued a “buy” rating and set a £187 target price on shares of NEXT in a research report on Friday, September 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of NEXT from £130.30 to £140.40 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, NEXT currently has a consensus rating of “Hold” and an average price target of £155.80.
View Our Latest Stock Analysis on NEXT
NEXT Stock Up 0.4%
NEXT stock traded up GBX 60 during trading on Wednesday, reaching £152.55. 206,478 shares of the company’s stock were exchanged, compared to its average volume of 4,050,177. NEXT has a 52-week low of £116.95 and a 52-week high of £161.75. The firm has a market cap of £17.41 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 5.66 and a beta of 1.07. The company has a debt-to-equity ratio of 129.98, a quick ratio of 1.07 and a current ratio of 1.55. The company’s 50-day moving average is £149.47 and its two-hundred day moving average is £142.84.
NEXT (LON:NXT – Get Free Report) last issued its quarterly earnings data on Thursday, September 17th. The company reported GBX 364.30 EPS for the quarter. NEXT had a return on equity of 58.63% and a net margin of 12.89%. On average, analysts predict that NEXT will post 660.75 earnings per share for the current year.
Insider Transactions at NEXT
In other NEXT news, insider Jeni Mundy bought 160 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of £155.45 per share, with a total value of £24,872. 1.49% of the stock is 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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