Shore Capital Reiterates Hold Rating for NEXT (LON:NXT)

NEXT (LON:NXT)‘s stock had its “hold” rating reiterated by equities research analysts at Shore Capital in a research note issued on Tuesday, MarketBeat.com reports.

NEXT Price Performance

Shares of NXT opened at GBX 9,680 ($119.65) on Tuesday. NEXT has a fifty-two week low of GBX 8,072 ($99.78) and a fifty-two week high of £111.04 ($137.25). The firm has a 50-day simple moving average of GBX 9,814.79 and a 200-day simple moving average of GBX 9,695.68. The company has a debt-to-equity ratio of 125.90, a quick ratio of 1.07 and a current ratio of 1.68. The company has a market capitalization of £11.56 billion, a price-to-earnings ratio of 1,473.36, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

NEXT Company Profile

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.