NEXT plc (LON:NXT - Get Free Report) insider Jeni Mundy purchased 160 shares of NEXT stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of £155.45 per share, with a total value of £24,872.
NEXT Stock Down 1.3%
Shares of NXT opened at £153.85 on Wednesday. The firm has a market cap of £17.56 billion, a P/E ratio of 20.64, a PEG ratio of 5.66 and a beta of 1.04. NEXT plc has a 12 month low of £112 and a 12 month high of £161.75. The stock's 50 day moving average is £146.31 and its two-hundred day moving average is £135.69. The company has a current ratio of 1.76, a quick ratio of 1.07 and a debt-to-equity ratio of 108.79.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. Shore Capital Group reaffirmed a "buy" rating and set a £175 price objective on shares of NEXT in a report on Thursday, August 6th. Peel Hunt reiterated a "hold" rating and issued a £139 price objective on shares of NEXT in a report on Wednesday, August 5th. Berenberg Bank increased their target price on NEXT from £180 to £187 and gave the company a "buy" rating in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target on NEXT from £130.30 to £140.40 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Finally, Citigroup increased their price objective on NEXT from £132 to £155 and gave the company a "neutral" rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, NEXT has an average rating of "Hold" and an average price target of £153.55.
View Our Latest Research Report on NEXT
NEXT Company Profile
(
Get Free Report)
Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.
NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company's main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.
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