Analysts Set NEXT plc (LON:NXT) PT at £138.13

Shares of NEXT plc (LON:NXT) have earned a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is £140.63.

Several brokerages recently weighed in on NXT. Deutsche Bank Aktiengesellschaft upped their price target on NEXT from £108 to £116 and gave the stock a “hold” rating in a research note on Tuesday, August 26th. UBS Group reaffirmed a “buy” rating and issued a £142 target price on shares of NEXT in a research report on Friday, September 5th. Shore Capital lowered shares of NEXT to a “hold” rating and increased their price target for the stock from £140 to £147.50 in a research note on Tuesday, November 4th. JPMorgan Chase & Co. boosted their price objective on shares of NEXT from £117 to £130.30 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Finally, Peel Hunt restated a “hold” rating and issued a £130 price objective on shares of NEXT in a report on Tuesday, November 25th.

NEXT Stock Performance

Shares of NXT opened at £140.20 on Monday. The company has a 50-day simple moving average of £133.28 and a two-hundred day simple moving average of £126.61. The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07. The firm has a market capitalization of £16.29 billion, a PE ratio of 21.25, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37. NEXT has a one year low of GBX 9,028 and a one year high of £146.40.

NEXT (LON:NXT) last posted its earnings results on Thursday, September 18th. The company reported GBX 324.20 earnings per share for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. On average, analysts anticipate that NEXT will post 660.7526882 EPS for the current fiscal year.

Insider Transactions at NEXT

In related news, insider Amy Stirling acquired 472 shares of the stock in a transaction on Thursday, September 18th. The stock was acquired at an average price of £116.34 per share, for a total transaction of £54,912.48. Also, insider Wolfson Aspley Guise sold 50,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of £145.20, for a total value of £7,260,000. Insiders own 1.60% of the company’s stock.

About NEXT

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.