NEXT (LON:NXT)‘s stock had its “hold” rating reissued by analysts at Peel Hunt in a research note issued on Tuesday. They presently have a GBX 5,000 ($67.29) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 13.53% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Credit Suisse Group restated an “underperform” rating and set a GBX 4,000 ($53.84) price objective on shares of NEXT in a research note on Friday, September 1st. restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a research note on Thursday, November 2nd. restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a research note on Thursday, November 2nd. HSBC restated a “reduce” rating and set a GBX 3,800 ($51.14) price objective on shares of NEXT in a research note on Thursday, November 2nd. Finally, Societe Generale boosted their price objective on NEXT from GBX 4,129 ($55.57) to GBX 4,737 ($63.76) 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 issued a hold rating and four have assigned a buy rating to the company’s stock. NEXT currently has an average rating of “Hold” and an average price target of GBX 4,365.70 ($58.76).

NEXT (LON NXT) opened at GBX 4,404 ($59.27) on Tuesday. NEXT has a one year low of GBX 3,565 ($47.98) and a one year high of GBX 5,355 ($72.07).

In other news, insider Michael J. Roney acquired 405 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were purchased at an average price of GBX 4,313 ($58.05) per share, for a total transaction of £17,467.65 ($23,509.62).

TRADEMARK VIOLATION NOTICE: This article was posted by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this article can be viewed at https://www.dailypolitical.com/2017/12/05/nexts-nxt-hold-rating-reaffirmed-at-peel-hunt.html.

NEXT 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.

Analyst Recommendations for NEXT (LON:NXT)

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