NEXT plc 7.8% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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NEXT plc with EPIC/TICKER (LON:NXT) had its stock rating noted as ‘Downgrades’ 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 4150 GBX on its stock. This would imply the analyst believes there is a potential downside of -7.8% from today’s opening price of 4503 GBX. Over the last 30 and 90 trading days the company share price has increased 172 points and decreased 2613 points respectively. The 1 year high for the stock price is 7358 GBX while the 52 week low is 3311 GBX.

NEXT plc has a 50 day moving average of 5,226.21 GBX and a 200 Day Moving Average share price is recorded at 6,210.46. There are currently 132,949,276 shares in issue with the average daily volume traded being 1,059,765. Market capitalisation for LON:NXT is £6,013,295,753 GBP.

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