NEXT plc (LON:NXT) fell 1.2% during trading on Wednesday . The stock traded as low as GBX 4,371 ($57.49) and last traded at GBX 4,277 ($56.25). 406,315 shares changed hands during trading, a decline of 42% from the average session volume of 701,587 shares. The stock had previously closed at GBX 4,328 ($56.92).
NXT has been the topic of several research reports. reissued a “reduce” rating and issued a GBX 3,800 ($49.98) target price on shares of NEXT plc in a research report on Thursday, November 2nd. HSBC Holdings PLC reissued a “reduce” rating and issued a GBX 3,800 ($49.98) target price on shares of NEXT plc in a research report on Thursday, November 2nd. reissued a “reduce” rating and issued a GBX 3,800 ($49.98) target price on shares of NEXT plc in a research report on Thursday, November 2nd. Peel Hunt reissued a “hold” rating and issued a GBX 4,200 ($55.24) target price on shares of NEXT plc in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC raised their target price on NEXT plc from GBX 3,850 ($50.64) to GBX 4,600 ($60.50) and gave the stock an “underperform” rating in a research report on Friday, August 11th. Ten analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. NEXT plc currently has an average rating of “Hold” and a consensus price target of GBX 4,365.70 ($57.42).
The company also recently declared a dividend, which will be paid on Thursday, January 25th. Shareholders of record on Thursday, January 4th will be issued a dividend of GBX 45 ($0.59) per share. This represents a yield of 1.01%. The ex-dividend date is Thursday, January 4th.
In other news, insider Michael J. Roney purchased 405 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was acquired at an average price of GBX 4,313 ($56.73) per share, for a total transaction of £17,467.65 ($22,974.68).
ILLEGAL ACTIVITY NOTICE: “NEXT plc (NXT) Stock Price Down 1.2%” was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this article can be accessed at https://stocknewstimes.com/2017/11/15/next-plc-nxt-stock-price-down-1-2-2.html.
About NEXT plc
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.
Receive News & Ratings for NEXT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT plc and related companies with MarketBeat.com's FREE daily email newsletter.