A statement released earlier today by Macquarie about Next PLC (LON:NXT) bumps down the target price to 5,400.00GBX
- Updated: September 18, 2016
Reporting a possible upside of 0.02%, Macquarie lowered the target price of Next PLC (LON:NXT) to 5,400GBX.
On 8/03/2016, Peel Hunt Limited released a statement for Next PLC(LON:NXT) upped the target price from 0.00GBX to 340.00GBX that suggested a downside of -0.94%.
Boasting a price of 5,300.00GBX, Next PLC (LON:NXT) traded 0.97% higher on the day. With the last stock close down 8.50% from the 200-day average, compared to the S&P 500 which has fallen -0.01% over the same time period. NXT has been tracking to a 50-day moving average of 5,378.11GBX and 200-day moving average of 5,452.14GBX. Trading volume was was up over the average, with 1,001,204 shares of NXT changing hands over the typical 629,415 shares.
Recent Performance Graph:
Next PLC has a one-year low of 3,550.00GBX and a 52 week high of 8,175.00GBX with a P/E ratio of 11. The company’s market capitalization is currently 0.0 GBX.
Also covering Next PLC’s target price, a total of 22 analysts have released a research note on the stock. The one year target is 5,519.45GBX with three firms rating the stock a strong buy, four analysts rating the stock a buy, 14 analyts rating the stock a hold, three analysts rating the company to underperform, and lastly two firmsrating the stock as sell.
General Information About Next PLC (LON:NXT)
NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties. Lipsy also sells directly through its own stores and Website, and to wholesale customers and to franchise partners. The Company’s franchise partners operate approximately 180 stores in over 30 countries.
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