Shares of NEXT plc (LON:NXT - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of £117.15 ($157.39) and traded as high as £119.35 ($160.35). NEXT shares last traded at £116.50 ($156.52), with a volume of 290,938 shares.
Analyst Ratings Changes
A number of equities analysts have issued reports on NXT shares. Shore Capital reiterated a "buy" rating on shares of NEXT in a report on Thursday, July 31st. UBS Group reiterated a "buy" rating and set a £142 target price on shares of NEXT in a report on Friday. Deutsche Bank Aktiengesellschaft increased their target price on NEXT from £108 to £116 and gave the stock a "hold" rating in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating on shares of NEXT in a report on Friday, August 1st. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of £129.
Check Out Our Latest Research Report on NEXT
NEXT Price Performance
The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08. The firm has a market cap of £14.28 billion, a P/E ratio of 2,022.30, a PEG ratio of 5.66 and a beta of 1.37. The business has a fifty day moving average of £121.15 and a 200 day moving average of £117.29.
NEXT Company Profile
(
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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.
See Also
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