NEXT plc (LON:NXT) Given Average Recommendation of “Hold” by Analysts

Shares of NEXT plc (LON:NXT) have earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is £140.98.

A number of analysts recently commented on NXT shares. Shore Capital Group reiterated a “buy” rating on shares of NEXT in a report on Thursday, March 26th. UBS Group reiterated a “buy” rating and issued a £152 target price on shares of NEXT in a report on Wednesday, March 25th. Citigroup dropped their target price on shares of NEXT from £135.42 to £132 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of NEXT in a report on Wednesday, January 7th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a £140 target price on shares of NEXT in a report on Wednesday, January 7th.

Key Headlines Impacting NEXT

Here are the key news stories impacting NEXT this week:

• Neutral Sentiment: WWE struck a multi‑year deal to air NXT premium live events on The CW (broadcast TV) — a distribution shift from streaming platforms to over‑the‑air/cable reach. The CW To Air NXT Premium Live Events In Multi-Year Deal With WWE
• Neutral Sentiment: Reports summarize exclusive broadcast rights for NXT PLEs on The CW across multiple outlets, highlighting broader third‑party TV distribution. WWE Announces Exclusive Broadcast Rights Deal For NXT Premium Live Events
• Neutral Sentiment: Coverage notes a tie‑in with ESPN/ESPN Unlimited for NXT content in some territories/platforms, suggesting multi‑platform distribution rather than a single exclusive streamer. WWE NXT & PLEs Headed To ESPN Unlimited With New CW Partnership
• Neutral Sentiment: NXT will have next‑day streaming availability on The Roku Channel, extending reach for cord‑cutters. WWE NXT Lands Next Day Streaming Deal With Roku Channel
• Neutral Sentiment: Several outlets ran reaction and behind‑the‑scenes pieces (e.g., Shawn Michaels, talent features, match results) around the announcement and recent NXT shows — useful for wrestling fans but not material to NEXT plc. WWE NXT’s New TV Contract for PLEs Revealed Starting with Great American Bash, Shawn Michaels Reacts
• Neutral Sentiment: Industry write‑ups emphasize this is the first time NXT PLEs will air on broadcast TV in this way; notable for WWE’s distribution strategy but not relevant to NEXT plc fundamentals. WWE’s Developmental League NXT to Air Premium Live Events on Broadcast TV for First Time Ever

NEXT Trading Down 1.3%

Shares of LON:NXT opened at £127.75 on Thursday. The company has a 50 day moving average of £129.85 and a 200-day moving average of £134.07. The firm has a market cap of £14.65 billion, a P/E ratio of 17.14, a P/E/G ratio of 5.66 and a beta of 1.08. NEXT has a twelve month low of £112 and a twelve month high of £146.40. The company has a current ratio of 1.76, a quick ratio of 1.07 and a debt-to-equity ratio of 108.79.

NEXT (LON:NXT) last released its earnings results on Thursday, March 26th. The company reported GBX 760.10 EPS for the quarter. NEXT had a net margin of 12.87% and a return on equity of 52.86%. As a group, analysts anticipate that NEXT will post 660.7526882 earnings per share for the current fiscal year.

NEXT Company Profile

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.