NEXT (LON:NXT) Price Target Raised to £116

NEXT (LON:NXT) had its target price lifted by Deutsche Bank Aktiengesellschaft from £108 to £116 in a research note released on Tuesday, MarketBeat Ratings reports. They currently have a hold rating on the stock.

NXT has been the topic of several other research reports. Shore Capital restated a “buy” rating on shares of NEXT in a report on Thursday, July 31st. JPMorgan Chase & Co. restated a “neutral” rating on shares of NEXT in a research note on Friday, August 1st. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of £116.

NEXT Trading Down 1.4%

Shares of NXT stock opened at £120.25 on Tuesday. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08. The stock has a market cap of £14.16 billion, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37. The firm’s 50 day moving average price is £121.63 and its two-hundred day moving average price is £116.64. NEXT has a fifty-two week low of GBX 9,028 and a fifty-two week high of £131.

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.