NEXT plc (LON:NXT – Get Free Report) insider Amanda James sold 5,500 shares of the stock in a transaction on Friday, August 4th. The stock was sold at an average price of GBX 6,903 ($88.62), for a total value of £379,665 ($487,437.41).
NEXT Stock Performance
Shares of NXT opened at GBX 6,950 ($89.23) on Friday. The firm has a market cap of £8.81 billion, a PE ratio of 1,217.16, a PEG ratio of 5.66 and a beta of 1.39. The stock’s fifty day moving average price is GBX 6,763.20 and its two-hundred day moving average price is GBX 6,719.28. The company has a debt-to-equity ratio of 165.29, a current ratio of 2.04 and a quick ratio of 1.07. NEXT plc has a 1 year low of GBX 4,306 ($55.28) and a 1 year high of GBX 7,228 ($92.80).
Analyst Upgrades and Downgrades
A number of brokerages recently commented on NXT. Citigroup lifted their price objective on NEXT from GBX 5,400 ($69.33) to GBX 5,700 ($73.18) and gave the stock a “sell” rating in a research report on Tuesday, June 20th. Berenberg Bank lifted their target price on NEXT from GBX 6,500 ($83.45) to GBX 7,000 ($89.87) and gave the company a “neutral” rating in a research report on Tuesday, June 20th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 6,500 ($83.45) price target on shares of NEXT in a research report on Tuesday, May 9th. Finally, Shore Capital reissued a “hold” rating on shares of NEXT in a report on Wednesday. One analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, NEXT currently has an average rating of “Hold” and an average target price of GBX 6,700 ($86.02).
About NEXT
NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Joules; Property Management; and International Retail, Sourcing, and other segments.
Read More
- Five stocks we like better than NEXT
- What Does Downgrade Mean in Investing?
- 3 Best Meme ETFs to Buy Now
- P/E Ratio Calculation: How to Assess Stocks
- XPO Keeps Reaching New Highs: Markets Love the Stock
- How to evaluate dividend stocks before buying
- Starbucks Market at a Turning Point: Is a Breakout Imminent?
Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.
