A statement released earlier today by Peel Hunt Limited about Next (LON:NXT) bumps the target price to 340.00GBX
- Updated: September 18, 2016
Peel Hunt Limited raised the target stock price of Next (LON:NXT) to 340GBX, stating a possible downside of -0.94%.
Yesterday Next (LON:NXT) traded 0.97% higher at 5,315.00GBX. Next’s 50-day moving average is 5,378.11GBX and its 200-day moving average is 5,452.14GBX. The last stock price is down 8.50% from the two hundred day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 1,001,204 shares of NXT traded hands, up from ann average trading volume of 629,415.
With a market cap of 0.0 GBX, Next has a PE of 11 with a one-year low of 3,550.00GBX and a 52 week high of 8,175.00GBX.
In addition to Peel Hunt Limited reporting it’s target price, a total of 22 brokerages have issued a report on the company. The 12-month target price is 5,519.45GBX with three firms rating the company a strong buy, four firms rating the company a buy, 14 analyts rating the stock a hold, three analysts rating the stock to underperform, and lastly two analystsrating the stock as sell.
General Company Details For Next (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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