NEXT plc (LON:NXT) shares traded up 0% during trading on Monday . The company traded as high as GBX 43.19 ($0.57) and last traded at GBX 4,371 ($57.49). 429,952 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 699,217 shares. The stock had previously closed at GBX 4,371 ($57.49).

A number of research analysts recently commented on the stock. Morgan Stanley downgraded shares of NEXT plc to an “underweight” rating and set a GBX 4,300 ($56.56) price target for the company. in a report on Wednesday, October 11th. Barclays PLC reaffirmed an “underweight” rating and issued a GBX 3,900 ($51.30) price target on shares of NEXT plc in a report on Friday, September 22nd. Berenberg Bank reaffirmed a “sell” rating and issued a GBX 3,650 ($48.01) price target on shares of NEXT plc in a report on Thursday, September 14th. J P Morgan Chase & Co raised their price objective on shares of NEXT plc from GBX 4,580 ($60.24) to GBX 4,830 ($63.53) and gave the stock a “neutral” rating in a research note on Friday, September 15th. Finally, Deutsche Bank AG raised their price objective on shares of NEXT plc from GBX 4,150 ($54.58) to GBX 4,400 ($57.87) and gave the stock a “hold” rating in a research note on Friday, September 15th. Ten investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 4,365.70 ($57.42).

The firm also recently disclosed a dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be issued a dividend of GBX 45 ($0.59) per share. This represents a yield of 1.01%. The ex-dividend date is Thursday, January 4th.

In other NEXT plc news, insider Michael J. Roney acquired 405 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of GBX 4,313 ($56.73) per share, with a total value of £17,467.65 ($22,974.68).

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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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