NEXT plc (NXGPF) – What Are Analysts Saying About This Stock?

Shares of NEXT plc (OTCMKTS:NXGPF) have been given an average recommendation of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat Ratings 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 research reports. Morgan Stanley restated an “overweight” rating on shares of NEXT in a research note on Friday, September 18th. Investec cut NEXT from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. Santander upgraded NEXT to an “outperform” rating in a research report on Friday, September 25th. Citigroup raised NEXT from a “neutral” rating to a “buy” rating in a report on Tuesday, August 25th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of NEXT in a research report on Friday, August 7th.

NEXT Stock Performance

NXGPF opened at $189.93 on Tuesday. The company’s 50-day moving average price is $200.12 and its 200 day moving average price is $192.40. NEXT has a fifty-two week low of $169.63 and a fifty-two week high of $210.30.

NEXT Company Profile

NEXT plc is a United Kingdom-based retailer that sells clothing, footwear, accessories, home furnishings and related products. The company operates through a combination of physical stores, websites, mobile applications and catalog-based services, offering merchandise under the NEXT brand and selected third-party and partner brands.

NEXT serves customers primarily in the United Kingdom and also sells internationally through its online platforms and overseas operations. Its business includes retail, online and delivery services, financial services for eligible customers, and brand or product-management services provided to partner businesses.

Founded in 1982, NEXT has developed from a primarily store-based retailer into a digital and multichannel group.