Liberum Capital Reiterates Buy Rating for NEXT (LON:NXT)

Liberum Capital reiterated their buy rating on shares of NEXT (LON:NXT) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.

Several other research firms also recently issued reports on NXT. Peel Hunt restated a buy rating and set a GBX 1,600 ($20.91) price objective (up previously from GBX 1,500 ($19.60)) on shares of Avon Rubber in a report on Wednesday, May 1st. Royal Bank of Canada set a €565.00 ($656.98) target price on shares of Kering and gave the stock a buy rating in a research report on Wednesday, April 17th. Goldman Sachs Group lowered shares of SUMCO CORP/ADR from a buy rating to a neutral rating in a research note on Monday, June 10th. Jefferies Financial Group assumed coverage on shares of Pinduoduo in a report on Monday, April 15th. They issued a buy rating and a $30.00 price target for the company. Finally, UBS Group reiterated a hold rating and set a $130.00 price objective on shares of Continental in a research note on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 5,520 ($72.13).

NEXT stock opened at GBX 5,436 ($71.03) on Wednesday. The company has a debt-to-equity ratio of 233.24, a quick ratio of 1.26 and a current ratio of 1.83. The stock has a market capitalization of $7.26 billion and a PE ratio of 12.55. The company has a 50-day simple moving average of GBX 5,598.76. NEXT has a one year low of GBX 3,970 ($51.88) and a one year high of GBX 6,224 ($81.33).

NEXT Company Profile

NEXT plc engages in the retail of clothing, footwear, accessories, and/or home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates in seven segments: NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management.

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Analyst Recommendations for NEXT (LON:NXT)

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