NEXT plc 9.6% Potential Decrease Indicated by Credit Suisse

Broker Ratings

NEXT plc with EPIC/TICKER (LON:NXT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Credit Suisse. NEXT plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 5000 GBX on its stock. This would indicate that the analyst believes there is a downside of -9.6% from today’s opening price of 5532 GBX. Over the last 30 and 90 trading days the company share price has increased 674 points and increased 798 points respectively. The 52 week high share price is 7358 GBX while the 52 week low is 3311 GBX.

NEXT plc has a 50 day moving average of 5,162.62 GBX and the 200 Day Moving Average price is recorded at 5,847.17. There are currently 396,914,186 shares in issue with the average daily volume traded being 443,668. Market capitalisation for LON:NXT is £7,336,141,049 GBP.

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