Shares of NEXT plc (LON:NXT) have been given an average rating of “Buy” by the ten analysts that are currently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is GBX 8,781.25 ($119.20).
NXT has been the topic of several research reports. Royal Bank of Canada restated an “outperform” rating and set a GBX 9,600 ($130.31) price target on shares of NEXT in a research report on Monday, January 10th. Peel Hunt restated a “buy” rating and set a GBX 9,350 ($126.92) price target on shares of NEXT in a research report on Tuesday, November 2nd. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 7,800 ($105.88) price target on shares of NEXT in a research report on Friday, January 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 9,250 ($125.56) price target on shares of NEXT in a research report on Thursday, November 4th. Finally, Shore Capital restated an “under review” rating on shares of NEXT in a research report on Thursday, January 6th.
In other news, insider Soumen Das acquired 1,289 shares of the business’s stock in a transaction that occurred on Monday, January 10th. The stock was bought at an average price of GBX 7,755 ($105.27) per share, with a total value of £99,961.95 ($135,688.81). Also, insider Amanda James acquired 108 shares of the business’s stock in a transaction that occurred on Tuesday, December 7th. The stock was purchased at an average cost of GBX 3,825 ($51.92) per share, with a total value of £4,131 ($5,607.44).
The firm also recently declared a dividend, which will be paid on Friday, January 28th. Stockholders of record on Thursday, January 13th will be paid a GBX 160 ($2.17) dividend. The ex-dividend date is Thursday, January 13th. This represents a dividend yield of 1.99%. This is a boost from NEXT’s previous dividend of $110.00.
NEXT plc engages in the retail of clothing, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, NENA, and Property Management segments.
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