NEXT (NXGPF) Expected to Announce Quarterly Earnings on Thursday

NEXT (OTCMKTS:NXGPF) will likely be issuing its resultson Thursday, September 17th. Analysts expect NEXT to post earnings of $4.85 per share and revenue of $4.3959 billion for the quarter.

NEXT Stock Performance

Shares of OTCMKTS NXGPF opened at $206.72 on Wednesday. The stock’s 50 day moving average price is $203.94 and its two-hundred day moving average price is $191.53. NEXT has a 52-week low of $169.63 and a 52-week high of $210.30.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NXGPF shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of NEXT in a research report on Friday, August 7th. Citigroup raised shares of NEXT from a “neutral” rating to a “buy” rating in a report on Tuesday, August 25th. Investec cut shares of NEXT from a “buy” rating to a “hold” rating in a report on Thursday, August 6th. Finally, Morgan Stanley restated an “overweight” rating on shares of NEXT in a research report on Thursday, August 6th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, NEXT presently has an average rating of “Hold”.

About NEXT

Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.

The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.