NEXT plc 9.9% 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 5200 GBX on its stock. This would imply the analyst believes there is a potential downside of -9.9% from the opening price of 5772 GBX. Over the last 30 and 90 trading days the company share price has increased 126 points and increased 917 points respectively. The 52 week high for the stock is 6224 GBX while the 52 week low for the share price is 3970 GBX.

NEXT plc has a 50 day moving average of 5,483.92 GBX and a 200 Day Moving Average share price is recorded at 5,248.12. There are currently 136,887,249 shares in issue with the average daily volume traded being 502,187. Market capitalisation for LON:NXT is £7,860,065,837 GBP.

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