NEXT plc (OTCMKTS:NXGPF) Receives Consensus Rating of “Moderate Buy” from Analysts

NEXT plc (OTCMKTS:NXGPF) has been assigned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Several research analysts have commented on NXGPF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of NEXT in a research report on Friday, August 7th. Investec downgraded shares of NEXT from a “buy” rating to a “hold” rating in a research note on Thursday, August 6th. Santander raised shares of NEXT to an “outperform” rating in a research report on Friday, September 25th. Citigroup upgraded shares of NEXT from a “neutral” rating to a “buy” rating in a research note on Tuesday, August 25th. Finally, Morgan Stanley reissued an “overweight” rating on shares of NEXT in a report on Friday, September 18th.

NEXT Price Performance

OTCMKTS NXGPF opened at $189.93 on Friday. NEXT has a twelve month low of $169.63 and a twelve month high of $210.30. The stock has a 50-day simple moving average of $203.47 and a 200 day simple moving average of $192.22.

NEXT Company Profile

NEXT plc is a United Kingdom-based retail and online commerce company that sells clothing, footwear, accessories, homeware and related products. The company serves customers through a combination of physical stores, websites and mobile platforms, offering products under the NEXT brand and through selected third-party and partner brands.

NEXT operates primarily in the United Kingdom and Ireland, while its digital channels support sales to customers in international markets. The company also provides delivery, credit and other customer services associated with its retail operations and has expanded its online platform to support sales for certain third-party brands.

Founded in 1982, NEXT has developed from a traditional store-based retailer into a multichannel business focused on e-commerce as well as physical retail.