NEXT plc (LON:NXT) Receives £140.54 Consensus Target Price from Analysts

NEXT plc (LON:NXT) has been given a consensus rating of “Hold” by the seven brokerages that are covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is £140.54.

A number of research firms have commented on NXT. JPMorgan Chase & Co. reissued a “neutral” rating on shares of NEXT in a research note on Wednesday, January 7th. Peel Hunt restated a “hold” rating and set a £130 price objective on shares of NEXT in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a £140 price objective on shares of NEXT in a report on Wednesday, January 7th.

NEXT Stock Down 1.4%

NXT opened at £130.65 on Wednesday. The firm has a market capitalization of £15.18 billion, a P/E ratio of 19.80, a price-to-earnings-growth ratio of 5.66 and a beta of 1.13. NEXT has a one year low of GBX 9,545.20 and a one year high of £146.40. The company has a fifty day moving average price of £134.03 and a 200-day moving average price of £131.94. The company has a debt-to-equity ratio of 117.05, a current ratio of 1.74 and a quick ratio of 1.07.

About NEXT

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. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.