NEXT’s (NXT) Buy Rating Reaffirmed at UBS Group

NEXT (LON:NXTGet Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They presently have a £152 target price on the stock. UBS Group’s price objective indicates a potential upside of 25.62% from the stock’s previous close.

A number of other brokerages also recently issued reports on NXT. Peel Hunt reiterated a “hold” rating and set a £130 price objective on shares of NEXT in a research note on Tuesday, November 25th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of NEXT in a report on Wednesday, January 7th. Jefferies Financial Group reiterated a “hold” rating and issued a £140 price target on shares of NEXT in a research report on Wednesday, January 7th. Finally, Shore Capital Group reissued a “hold” rating on shares of NEXT in a research note on Wednesday, March 11th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, NEXT presently has an average rating of “Hold” and an average price target of £141.97.

Check Out Our Latest Analysis on NXT

NEXT Stock Performance

Shares of NXT opened at £121 on Wednesday. The company has a quick ratio of 1.07, a current ratio of 1.74 and a debt-to-equity ratio of 117.05. The business has a 50-day simple moving average of £130.72 and a two-hundred day simple moving average of £132.49. The stock has a market cap of £14.00 billion, a price-to-earnings ratio of 18.34, a PEG ratio of 5.66 and a beta of 1.13. NEXT has a 52 week low of GBX 9,812 and a 52 week high of £146.40.

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NEXT Company Profile

(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.

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Analyst Recommendations for NEXT (LON:NXT)

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