NEXT plc (OTCMKTS:NXGPF) Receives Average Rating of “Moderate Buy” from Analysts

NEXT plc (OTCMKTS:NXGPF) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

NXGPF has been the subject of a number of recent research reports. Investec cut shares of NEXT from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of NEXT in a research report on Friday, August 7th. Citigroup upgraded shares of NEXT from a “neutral” rating to a “buy” rating in a report on Tuesday, August 25th. Santander raised shares of NEXT to an “outperform” rating in a research note on Friday. Finally, Morgan Stanley restated an “overweight” rating on shares of NEXT in a research report on Friday, September 18th.

NEXT Stock Performance

Shares of NXGPF stock opened at $194.13 on Friday. The stock’s fifty day moving average is $204.21 and its two-hundred day moving average is $192.11. NEXT has a fifty-two week low of $169.63 and a fifty-two week high of $210.30.

About NEXT

NEXT plc is a United Kingdom-based retail and online commerce company that sells clothing, footwear, accessories, homeware and related products. The company serves customers through a combination of physical stores, websites and mobile platforms, offering products under the NEXT brand and through selected third-party and partner brands.

NEXT operates primarily in the United Kingdom and Ireland, while its digital channels support sales to customers in international markets. The company also provides delivery, credit and other customer services associated with its retail operations and has expanded its online platform to support sales for certain third-party brands.

Founded in 1982, NEXT has developed from a traditional store-based retailer into a multichannel business focused on e-commerce as well as physical retail.