HSBC reaffirmed their hold rating on shares of NEXT plc (LON:NXT) in a research report released on Wednesday morning. They currently have a GBX 4,485 ($58.54) price objective on the stock.

NXT has been the topic of several other reports. BNP Paribas increased their target price on NEXT plc from GBX 4,900 ($63.96) to GBX 5,600 ($73.10) and gave the stock an underperform rating in a research report on Friday, September 9th. Deutsche Bank AG reiterated a buy rating on shares of NEXT plc in a research report on Wednesday, August 31st. Espirito Santo Investment Bank Research reiterated a sell rating and set a GBX 5,500 ($71.79) target price on shares of NEXT plc in a research report on Thursday, August 25th. Haitong Bank reiterated a buy rating and set a GBX 5,900 ($77.01) target price on shares of NEXT plc in a research report on Friday, August 26th. Finally, Royal Bank Of Canada increased their target price on NEXT plc from GBX 5,500 ($71.79) to GBX 5,800 ($75.71) and gave the stock a sector perform rating in a research report on Tuesday, August 30th. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company. NEXT plc currently has a consensus rating of Hold and an average price target of GBX 5,596.67 ($73.05).

NEXT plc (LON:NXT) opened at 4956.00 on Wednesday. NEXT plc has a 12 month low of GBX 3,550.00 and a 12 month high of GBX 8,175.00. The stock’s 50 day moving average price is GBX 5,389.92 and its 200-day moving average price is GBX 5,422.87. The firm’s market capitalization is GBX 7.25 billion.

The business also recently announced a dividend, which will be paid on Tuesday, January 3rd. Stockholders of record on Thursday, December 8th will be paid a GBX 53 ($0.69) dividend. The ex-dividend date of this dividend is Thursday, December 8th. This represents a dividend yield of 1.07%.

NEXT plc Company Profile

NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.

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