RBC Capital Markets disclosed Next PLC (LON:NXT), scaling down its price target to 5,600.00GBX earlier today
- Updated: September 19, 2016
Just yesterday Next PLC (LON:NXT) traded 0.70% higher at 5,022.50GBX. Next PLC’s 50-day average is 5,389.92GBX and its two hundred day moving average is 5,422.87GBX. With the last stock close down 7.06% from the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the date range. Trade volume was was down over the average, with 506,288 shares of NXT changing hands under the typical 627,721 shares..
Stating a possible upside of 0.11%, RBC Capital Markets lowered the target stock price of Next PLC (LON:NXT) to 5,600GBX
On Friday September 16 2016, Numis reported on Next PLC(LON:NXT) held the target price at 5,750.00GBX that suggested an upside of 0.16%.
Recent Performance Graph:
A total of 22 brokerages have released a report on the company. Three analysts rate the stock a strong buy, four firms rate the company a buy, 14 firms rate the stock a hold, three analysts rate the stock to underperform, and finally two analystsrate the company as sell with an average target of 5,519.45GBX
With a market cap of 0.0 GBX, Next PLC has a 52 week low of 3,550.00GBX and a one-year high of 8,175.00GBX with a price-earnings ratio of 11.
Brief Synopsis 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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