NEXT plc 19.2% Potential Upside Indicated by HSBC

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NEXT plc with EPIC/TICKER (LON:NXT) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. NEXT plc are listed in the Consumer Services sector within UK Main Market. HSBC have set a target price of 5570 GBX on its stock. This would imply the analyst believes there is now a potential upside of 19.2% from today’s opening price of 4674 GBX. Over the last 30 and 90 trading days the company share price has increased 972 points and decreased 2234 points respectively. The 52 week high for the share price is currently at 7358 GBX while the 52 week low for the share price is 3311 GBX.

NEXT plc has a 50 day moving average of 4,984.02 GBX and a 200 day moving average of 6,192.02. There are currently 132,949,276 shares in issue with the average daily volume traded being 1,003,177. Market capitalisation for LON:NXT is £6,271,112,833 GBP.

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