NEXT plc 29.2% Potential Upside Indicated by HSBC

Broker Ratings
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NEXT plc with EPIC/TICKER (LON:NXT) had its stock rating noted as ‘Reiterates’ 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 5900 GBX on its stock. This indicates the analyst now believes there is a potential upside of 29.2% from the opening price of 4566 GBX. Over the last 30 and 90 trading days the company share price has decreased 51 points and decreased 880 points respectively. The 1 year high for the share price is 6224 GBX while the 52 week low for the share price is 3970 GBX.

NEXT plc has a 50 day moving average of 4,903.00 GBX and the 200 Day Moving Average price is recorded at 5,441.19. There are currently 139,350,984 shares in issue with the average daily volume traded being 853,319. Market capitalisation for LON:NXT is £6,634,711,279 GBP.

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