NEXT plc (OTCMKTS:NXGPF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of NEXT plc (OTCMKTS:NXGPF) have received a consensus rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

NXGPF has been the subject of several recent analyst reports. Jefferies Financial Group cut shares of NEXT from a “buy” rating to a “hold” rating in a report on Sunday, December 14th. Morgan Stanley reaffirmed an “overweight” rating on shares of NEXT in a research note on Monday, October 27th.

NEXT Stock Performance

Shares of NXGPF opened at $187.76 on Monday. The firm has a 50-day moving average price of $187.76 and a 200 day moving average price of $176.49. NEXT has a 52-week low of $121.50 and a 52-week high of $187.78.

NEXT Company Profile

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.