NEXT plc (LON:NXT - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of £139.12 and traded as high as £151.05. NEXT shares last traded at £148.60, with a volume of 169,638 shares traded.
Analyst Upgrades and Downgrades
A number of research firms have commented on NXT. Shore Capital Group reiterated a "buy" rating and set a £175 target price on shares of NEXT in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of NEXT from £130.30 to £140.40 and gave the stock a "neutral" rating in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a £140 target price on shares of NEXT in a report on Thursday, August 6th. Citigroup upped their price target on shares of NEXT from £132 to £155 and gave the company a "neutral" rating in a report on Thursday, August 6th. Finally, Berenberg Bank increased their price target on shares of NEXT from £180 to £187 and gave the company a "buy" rating in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of £153.55.
Get Our Latest Stock Analysis on NEXT
NEXT Price Performance
The company's fifty day moving average is £151.01 and its 200 day moving average is £139.12. The company has a quick ratio of 1.07, a current ratio of 1.76 and a debt-to-equity ratio of 108.79. The stock has a market cap of £16.96 billion, a PE ratio of 19.94, a price-to-earnings-growth ratio of 5.66 and a beta of 1.04.
Insider Buying and Selling at NEXT
In other news, insider Jeni Mundy purchased 160 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average price of £155.45 per share, with a total value of £24,872. Also, insider Jonathan Blanchard sold 18,012 shares of the business's stock in a transaction on Thursday, June 25th. The stock was sold at an average price of £148.02, for a total transaction of £2,666,136.24. Insiders own 1.47% of the company's stock.
About NEXT
(
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.
Further Reading
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