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

NEXT plc (OTCMKTS:NXGPF) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several research firms recently weighed in on NXGPF. Morgan Stanley restated an “overweight” rating on shares of NEXT in a research report on Monday, October 27th. Jefferies Financial Group cut NEXT from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th.

NEXT Price Performance

Shares of OTCMKTS NXGPF opened at $187.76 on Thursday. NEXT has a 1-year low of $121.50 and a 1-year high of $187.78. The company has a 50-day moving average of $187.76 and a two-hundred day moving average of $173.87.

NEXT Company Profile

Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.

The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.