NEXT plc 19.5% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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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 their target price at 4500 GBX on its stock. This now indicates the analyst believes there is a potential downside of -19.5% from today’s opening price of 5590 GBX. Over the last 30 and 90 trading days the company share price has increased 794 points and increased 202 points respectively. The 1 year high stock price is 7358 GBX while the 52 week low is 3311 GBX.

NEXT plc has a 50 day moving average of 4,764.22 GBX and the 200 Day Moving Average price is recorded at 6,073.81. There are currently 132,949,276 shares in issue with the average daily volume traded being 624,546. Market capitalisation for LON:NXT is £7,213,827,715 GBP.

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