Beaufort Securities reaffirmed their buy rating on shares of NEXT plc (LON:NXT) in a report issued on Friday morning.

Several other equities analysts have also recently commented on NXT. Haitong Bank reiterated a buy rating and set a GBX 5,900 ($77.01) target price on shares of NEXT plc in a research note on Tuesday, May 31st. Berenberg Bank cut their target price on shares of NEXT plc from GBX 8,150 ($106.38) to GBX 7,600 ($99.20) and set a buy rating for the company in a research note on Wednesday, June 1st. Citigroup Inc. cut their target price on shares of NEXT plc from GBX 8,400 ($109.65) to GBX 7,800 ($101.81) and set a buy rating for the company in a research note on Wednesday, June 1st. Credit Suisse Group AG cut their target price on shares of NEXT plc from GBX 7,000 ($91.37) to GBX 6,600 ($86.15) and set an underperform rating for the company in a research note on Wednesday, June 1st. Finally, Deutsche Bank AG reiterated a hold rating and set a GBX 7,200 ($93.98) target price on shares of NEXT plc in a research note on Wednesday, June 1st. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the stock. NEXT plc currently has an average rating of Hold and a consensus price target of GBX 5,596.67 ($73.05).

Shares of NEXT plc (LON:NXT) opened at 4927.00 on Friday. NEXT plc has a 52 week low of GBX 3,550.00 and a 52 week high of GBX 8,175.00. The stock has a 50 day moving average of GBX 5,376.59 and a 200-day moving average of GBX 5,410.32. The firm’s market capitalization is GBX 7.14 billion.

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

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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