Panmure Gordon Downgrades NEXT (OTCMKTS:NXGPF) to Hold

Panmure Gordon lowered shares of NEXT (OTCMKTS:NXGPFGet Rating) from a buy rating to a hold rating in a research note published on Monday, The Fly reports.

Several other equities analysts also recently weighed in on the company. JPMorgan Chase & Co. dropped their target price on NEXT from GBX 6,000 ($70.95) to GBX 5,600 ($66.22) in a research report on Thursday, November 3rd. Credit Suisse Group reduced their price target on shares of NEXT from GBX 6,450 ($76.27) to GBX 5,200 ($61.49) in a research report on Tuesday, October 4th. Citigroup began coverage on shares of NEXT in a research report on Monday, September 12th. They set a sell rating on the stock. Barclays reduced their price target on shares of NEXT from GBX 8,100 ($95.78) to GBX 7,000 ($82.77) in a research report on Thursday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of NEXT from GBX 6,200 ($73.31) to GBX 5,700 ($67.40) in a research report on Wednesday, October 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of $6,541.14.

NEXT Stock Performance

NXGPF opened at $67.80 on Monday. NEXT has a 52 week low of $54.00 and a 52 week high of $68.30. The business has a fifty day simple moving average of $60.30 and a 200-day simple moving average of $72.25.

NEXT Company Profile

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

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Analyst Recommendations for NEXT (OTCMKTS:NXGPF)

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