NEXT’s (NXT) Buy Rating Reiterated at Liberum Capital

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Liberum Capital reissued their buy rating on shares of NEXT (LON:NXT) in a research note published on Tuesday.

A number of other research analysts have also issued reports on NXT. Credit Suisse Group upgraded shares of NEXT to a neutral rating and raised their price objective for the company from GBX 4,350 ($56.84) to GBX 5,800 ($75.79) in a report on Monday, October 22nd. UBS Group reiterated a buy rating and issued a GBX 6,600 ($86.24) price objective on shares of NEXT in a report on Friday, October 26th. Shore Capital reiterated a hold rating on shares of NEXT in a report on Tuesday, October 30th. Peel Hunt reiterated a hold rating on shares of NEXT in a report on Wednesday, October 31st. Finally, Royal Bank of Canada reiterated an outperform rating and issued a GBX 6,700 ($87.55) price objective on shares of NEXT in a report on Wednesday, October 31st. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of GBX 5,317.27 ($69.48).

Shares of LON NXT opened at GBX 4,992 ($65.23) on Tuesday. NEXT has a 1 year low of GBX 3,565 ($46.58) and a 1 year high of GBX 5,355 ($69.97).

In other news, insider Michael J. Roney purchased 1,720 shares of the stock in a transaction on Thursday, January 3rd. The stock was purchased at an average price of GBX 4,359 ($56.96) per share, for a total transaction of £74,974.80 ($97,967.86). Also, insider Amanda James purchased 1,013 shares of the stock in a transaction on Friday, February 8th. The shares were purchased at an average price of GBX 4,895 ($63.96) per share, with a total value of £49,586.35 ($64,793.35).

NEXT Company Profile

NEXT plc engages in the retail of clothing, footwear, accessories, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in six segments: NEXT Retail, NEXT Online, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.

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Analyst Recommendations for NEXT (LON:NXT)

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