London: Next PLC (LON:NXT) Stock Has Just Had Its Underperform Rating Reiterated by Exane BNP Paribas. Shares now Have a GBX 7300.00 Target

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Next PLC (LON:NXT) Rating Reaffirmed

In a recent report distributed to Clients on 18 December, The Underperform rating of Next PLC (LON:NXT) shares was reconfirmed at Exane BNP Paribas, who now has a GBX 7300.00 target on the stock. Exane BNP Paribas’s target could mean a possible downside of -0.98% from the last stock close of the company.

From a total of 23 analysts covering Next PLC (LON:NXT) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 9000 while the lowest target price is GBX 6350. The mean of all analyst targets is GBX 7750.35 with a 5.08% above today’s (GBX 7315) stock price. Next PLC was the topic of 48 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 15 with “Hold” rating. Nomura downgraded shares to “Neutral” rating and GBX 8000 target share price in a report from a December 7. Deutsche Bank maintained NXT stock in a recent report from December 14 with “Hold” rating. BNP Paribas maintained the rating on December 3. BNP Paribas has a “Neutral” rating and a GBX 7300 price target on shares. Finally, Credit Suisse maintained the stock with “Underperform” rating in a report issued on a December 7.

Approximately 33,712 shares of stock traded hands. NEXT plc (LON:NXT) has declined 0.60% since May 21, 2015 and is downtrending. It has outperformed by 1.66% the S&P500.

London: Next PLC (LON:NXT) Stock Has Just Had Its Underperform Rating Reiterated by Exane BNP Paribas. Shares now Have a GBX 7300.00 Target

Next Plc is a United Kingdom-based retailer offering clothing, footwear, accessories and home products. The company has a market cap of 11.24 billion GBP. The Company’s divisions include NEXT Retail, a chain of over more than 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active clients and international Websites serving approximately 70 countries; NEXT International Retail, with almost 200 mainly franchised stores; NEXT Sourcing, which designs, sources and buys NEXT branded products; Lipsy, which creates and sells Lipsy branded younger women’s fashion products, and Property Management, which holds properties and property leases which are sub-let to other divisions and external parties. It has 16.89 P/E ratio. Lipsy also sells directly through its own stores, Website, to wholesale clients and to franchise partners.

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