NEXT (LON:NXT) Given “Buy” Rating at UBS Group

Share on StockTwits

UBS Group reiterated their buy rating on shares of NEXT (LON:NXT) in a research note released on Friday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently commented on the company. Berenberg Bank reiterated a hold rating and issued a GBX 4,100 ($53.57) price target on shares of NEXT in a research note on Monday, July 29th. Liberum Capital increased their price target on NEXT from GBX 6,100 ($79.71) to GBX 6,500 ($84.93) and gave the company a buy rating in a research note on Wednesday, July 31st. Goldman Sachs Group upgraded NEXT to a buy rating in a research note on Tuesday, August 13th. Peel Hunt reiterated a hold rating and issued a GBX 5,800 ($75.79) price target (up from GBX 5,600 ($73.17)) on shares of NEXT in a research note on Monday, July 29th. Finally, Royal Bank of Canada increased their price target on NEXT from GBX 6,200 ($81.01) to GBX 6,700 ($87.55) and gave the company an outperform rating in a research note on Tuesday, August 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 5,655.56 ($73.90).

NEXT stock opened at GBX 6,022.88 ($78.70) on Friday. The stock has a 50-day moving average of GBX 5,809.40 and a two-hundred day moving average of GBX 5,592.18. The company has a debt-to-equity ratio of 233.24, a quick ratio of 1.26 and a current ratio of 1.83. NEXT has a one year low of GBX 3,970 ($51.88) and a one year high of GBX 6,218 ($81.25). The stock has a market cap of $8.02 billion and a PE ratio of 13.91.

About NEXT

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.

Further Reading: What does a market perform rating mean?

Analyst Recommendations for NEXT (LON:NXT)

Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Crest Nicholson  Sets New 52-Week High at $419.20
Crest Nicholson Sets New 52-Week High at $419.20
Leading Edge Materials  Trading Down 15%
Leading Edge Materials Trading Down 15%
Usio  Sees Significant Drop in Short Interest
Usio Sees Significant Drop in Short Interest
Short Interest in Verisign, Inc.  Rises By 10.2%
Short Interest in Verisign, Inc. Rises By 10.2%
Amgen  Receives New Coverage from Analysts at Sanford C. Bernstein
Amgen Receives New Coverage from Analysts at Sanford C. Bernstein
Boc Hong Kong  Upgraded at Goldman Sachs Group
Boc Hong Kong Upgraded at Goldman Sachs Group


© 2006-2019 Ticker Report