Brokerages Set NEXT plc (LON:NXT) PT at £142.26

NEXT plc (LON:NXT) has received a consensus rating of “Hold” from the seven brokerages that are covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is £142.26.

A number of analysts recently weighed in on the stock. Berenberg Bank reaffirmed a “buy” rating and set a £180 price target on shares of NEXT in a research report on Friday, March 27th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of NEXT in a report on Wednesday, January 7th. Jefferies Financial Group reiterated a “hold” rating and set a £140 target price on shares of NEXT in a research note on Wednesday, January 7th. Shore Capital Group reiterated a “buy” rating on shares of NEXT in a research report on Thursday, March 26th. Finally, UBS Group reiterated a “buy” rating and issued a £152 price objective on shares of NEXT in a research report on Wednesday, March 25th.

NEXT Stock Performance

NEXT stock opened at £129.50 on Friday. The company has a debt-to-equity ratio of 108.79, a current ratio of 1.76 and a quick ratio of 1.07. NEXT has a 1-year low of £105.90 and a 1-year high of £146.40. The firm has a 50 day simple moving average of £129.04 and a 200-day simple moving average of £132.56. The stock has a market cap of £14.99 billion, a price-to-earnings ratio of 19.63, a price-to-earnings-growth ratio of 5.66 and a beta of 1.13.

NEXT (LON:NXT) last issued its quarterly earnings data on Thursday, March 26th. The company reported GBX 760.10 earnings per share (EPS) for the quarter. NEXT had a return on equity of 52.86% and a net margin of 12.87%. On average, analysts expect that NEXT will post 660.7526882 EPS for the current year.

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.