NEXT (LON:NXT) Given “Hold” Rating at Deutsche Bank Aktiengesellschaft

NEXT (LON:NXT)‘s stock had its “hold” rating reiterated by Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They currently have a £140 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential downside of 10.14% from the company’s previous close.

NXT has been the topic of several other reports. Shore Capital Group reaffirmed a “buy” rating and set a £175 price objective on shares of NEXT in a research report on Thursday. Berenberg Bank upped their price target on NEXT from £180 to £187 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. raised their price objective on shares of NEXT from £130.30 to £140.40 and gave the company a “neutral” rating in a research note on Thursday. Peel Hunt reissued a “hold” rating and issued a £139 target price on shares of NEXT in a report on Wednesday. Finally, Citigroup decreased their price objective on shares of NEXT from £135.42 to £132 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of £153.55.

NEXT Price Performance

Shares of LON NXT opened at £155.80 on Thursday. NEXT has a 1 year low of £112 and a 1 year high of £161.75. The stock has a market capitalization of £17.78 billion, a P/E ratio of 20.90, a P/E/G ratio of 5.66 and a beta of 1.04. The company’s 50-day moving average is £144.28 and its 200 day moving average is £135.15. The company has a debt-to-equity ratio of 108.79, a current ratio of 1.76 and a quick ratio of 1.07.

Insider Buying and Selling at NEXT

In other NEXT news, insider Jonathan Blanchard sold 18,012 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of £148.02, for a total transaction of £2,666,136.24. Insiders own 1.66% 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. 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.