JPMorgan Chase & Co. Boosts NEXT (OTCMKTS:NXGPF) Price Target to GBX 7,300

NEXT (OTCMKTS:NXGPF) had its target price lifted by equities researchers at JPMorgan Chase & Co. from GBX 7,000 ($87.60) to GBX 7,300 ($91.35) in a research note issued on Monday, FlyOnTheWall reports.

Several other equities research analysts have also recently weighed in on NXGPF. Credit Suisse Group increased their price target on shares of NEXT from GBX 6,150 ($76.96) to GBX 6,500 ($81.34) in a research report on Tuesday, June 20th. Societe Generale raised shares of NEXT from a “hold” rating to a “buy” rating in a research report on Friday, September 8th. Morgan Stanley raised their target price on shares of NEXT from GBX 6,920 ($86.60) to GBX 7,150 ($89.48) in a research report on Friday, August 4th. Barclays raised their target price on shares of NEXT from GBX 8,000 ($100.11) to GBX 8,100 ($101.36) in a research report on Friday, August 4th. Finally, Sanford C. Bernstein started coverage on shares of NEXT in a research report on Thursday, June 15th. They issued a “market perform” rating for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $7,057.14.

NEXT Stock Performance

NXGPF remained flat at $84.10 during trading on Monday. The company has a fifty day moving average price of $83.99 and a 200-day moving average price of $80.44. NEXT has a 1-year low of $78.60 and a 1-year high of $84.10.

About NEXT

NEXT plc engages in the retail of clothing, beauty, 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; Total Platform; Joules; Property Management; and International Retail, Sourcing, and other segments.