NEXT plc (LON:NXT) shares traded down 2.5% on Friday . The stock traded as low as GBX 4,709 ($66.03) and last traded at GBX 4,722 ($66.21). 707,051 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 763,430 shares. The stock had previously closed at GBX 4,842 ($67.89).

Several research analysts have recently commented on the company. HSBC restated a “reduce” rating and set a GBX 3,800 ($53.28) price target on shares of NEXT in a research report on Thursday, November 2nd. restated a “reduce” rating and set a GBX 3,800 ($53.28) price target on shares of NEXT in a research report on Thursday, November 2nd. restated a “reduce” rating and set a GBX 3,800 ($53.28) price target on shares of NEXT in a research report on Thursday, November 2nd. Deutsche Bank restated a “hold” rating and set a GBX 4,400 ($61.69) price target on shares of NEXT in a research report on Thursday, November 2nd. Finally, Numis Securities restated a “hold” rating and set a GBX 5,100 ($71.51) price target on shares of NEXT in a research report on Thursday, January 4th. Thirteen equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 4,349 ($60.98).

The firm has a market cap of $7,000.00 and a P/E ratio of 1,103.27.

TRADEMARK VIOLATION NOTICE: “NEXT (NXT) Stock Price Down 2.5%” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another website, it was illegally copied and republished in violation of United States and international copyright laws. The correct version of this story can be viewed at https://www.thecerbatgem.com/2018/02/09/next-nxt-stock-price-down-2-5.html.

NEXT Company Profile

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.

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