NEXT (NXT) Earns Sell Rating from Goldman Sachs Group

NEXT (LON:NXT)‘s stock had its “sell” rating restated by analysts at Goldman Sachs Group in a research note issued to investors on Thursday, January 4th. They currently have a GBX 4,240 ($57.50) price objective on the stock. Goldman Sachs Group’s price objective indicates a potential downside of 15.23% from the stock’s previous close.

NXT has been the subject of several other research reports. Deutsche Bank lifted their price target on NEXT from GBX 4,400 ($59.67) to GBX 4,500 ($61.03) and gave the stock a “hold” rating in a research report on Friday, December 8th. Shore Capital reaffirmed a “hold” rating on shares of NEXT in a research report on Wednesday, November 1st. Whitman Howard reaffirmed a “sell” rating and issued a GBX 3,700 ($50.18) price target on shares of NEXT in a research report on Tuesday, January 2nd. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 4,830 ($65.50) target price on shares of NEXT in a research report on Thursday, November 2nd. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 5,000 ($67.81) target price on shares of NEXT in a research report on Wednesday, November 1st. Thirteen analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 4,294.45 ($58.24).

NEXT (LON NXT) opened at GBX 5,002 ($67.83) on Thursday. The stock has a market capitalization of $7,290.00 and a PE ratio of 1,168.69. NEXT has a 52-week low of GBX 3,565 ($48.35) and a 52-week high of GBX 5,355 ($72.62).

In other NEXT news, insider Michael J. Roney purchased 405 shares of the company’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average cost of GBX 4,313 ($58.49) per share, for a total transaction of £17,467.65 ($23,688.16).

TRADEMARK VIOLATION WARNING: “NEXT (NXT) Earns Sell Rating from Goldman Sachs Group” was reported by BBNS and is owned by of BBNS. If you are reading this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this article can be read at https://baseballnewssource.com/markets/next-nxt-earns-sell-rating-from-goldman-sachs-group/1812075.html.

About NEXT

NEXT plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The Company’s segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and international Websites serving approximately 70 countries; NEXT International Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.

Analyst Recommendations for NEXT (LON:NXT)

Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with our FREE daily email newsletter.

 


Latest News

Christian Yelich’s Agent Says Relationship with Marlins is Broken
Christian Yelich’s Agent Says Relationship with Marlins is Broken
Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
Trade Rumor: Manny Machado Could Land With Yankees
Trade Rumor: Manny Machado Could Land With Yankees


Leave a Reply

 
© 2006-2018 BBNS.