Deutsche Bank AG restated their hold rating on shares of NEXT plc (LON:NXT) in a research note published on Friday morning. The firm currently has a GBX 4,250 ($54.97) target price on the stock.

Other equities research analysts also recently issued research reports about the company. Barclays PLC reaffirmed an underweight rating and set a GBX 3,900 ($50.44) target price on shares of NEXT plc in a report on Friday, June 30th. Jefferies Group LLC reaffirmed an underperform rating and set a GBX 3,500 ($45.27) target price on shares of NEXT plc in a report on Friday, May 5th. HSBC Holdings plc decreased their price target on NEXT plc from GBX 3,530 ($45.65) to GBX 3,360 ($43.46) and set a reduce rating for the company in a report on Wednesday, May 17th. J P Morgan Chase & Co reissued a neutral rating and issued a GBX 4,580 ($59.23) price target on shares of NEXT plc in a report on Friday, August 4th. Finally, Shore Capital reissued a sell rating on shares of NEXT plc in a report on Monday, May 15th. Six analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the stock. NEXT plc has an average rating of Hold and an average price target of GBX 4,484.86 ($58.00).

Shares of NEXT plc (NXT) traded up 0.12% during trading on Friday, hitting GBX 4134.00. 433,307 shares of the stock traded hands. The firm’s market cap is GBX 5.90 billion. The stock has a 50 day moving average of GBX 4,060.00 and a 200 day moving average of GBX 4,099.05. NEXT plc has a 52-week low of GBX 3,565.00 and a 52-week high of GBX 5,705.00.

WARNING: This article was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this article can be accessed at

The firm also recently announced a dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Thursday, October 5th will be paid a dividend of GBX 45 ($0.58) per share. This represents a dividend yield of 1.02%. The ex-dividend date is Thursday, October 5th.

In other news, insider Caroline Goodall purchased 450 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was purchased at an average cost of GBX 4,294 ($55.54) per share, for a total transaction of £19,323 ($24,990.95). Also, insider Michael J. Roney purchased 9,061 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average price of GBX 4,386 ($56.73) per share, with a total value of £397,415.46 ($513,987.92).

About NEXT plc

NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.

Analyst Recommendations for NEXT plc (LON:NXT)

Receive News & Stock Ratings for NEXT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT plc and related stocks with our FREE daily email newsletter.