NEXT (OTCMKTS:NXGPF) Shares Climb 1.9% – What’s Next?

NEXT plc (OTCMKTS:NXGPF)’s stock price traded up 1.9% during trading on Tuesday. The company traded as high as $210.9373 and last traded at $210.9373. Approximately 3,000 shares changed hands during mid-day trading, an increase of 1,423% from the average session volume of 197 shares. The stock had previously closed at $206.9150.

Analysts Set New Price Targets

NXGPF has been the topic of several recent analyst reports. Citigroup upgraded NEXT from a “neutral” rating to a “buy” rating in a research report on Tuesday, August 25th. Investec downgraded NEXT from a “buy” rating to a “hold” rating in a research note on Thursday, August 6th. Santander raised NEXT to an “outperform” rating in a report on Friday, September 25th. Morgan Stanley restated an “overweight” rating on shares of NEXT in a research note on Friday, September 18th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of NEXT in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

NEXT Trading Up 1.9%

The firm’s 50-day simple moving average is $199.04 and its two-hundred day simple moving average is $192.25.

About NEXT

NEXT plc is a United Kingdom-based multichannel retailer offering clothing, footwear, accessories, home furnishings, beauty products and related merchandise. The company sells products under its NEXT brand and also offers selected third-party brands through its retail and digital channels. NEXT serves customers through a network of stores and websites, with the United Kingdom and Ireland representing its core markets. The company also operates internationally through online sales, franchise arrangements and selected overseas stores, providing access to its fashion and home product ranges in markets outside the UK.