Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Next plc ( (GB:NXT) ) has issued an announcement.
Next plc, a prominent player in the retail sector, has executed a share buyback program, purchasing 57,000 of its ordinary shares for cancellation at an average price of 11,731.0956 pence per share. This move, facilitated by UBS AG London Branch, reduces the company’s share capital to 122,544,612 shares, potentially impacting shareholder notifications under FCA rules.
The most recent analyst rating on (GB:NXT) stock is a Buy with a £13464.00 price target. To see the full list of analyst forecasts on Next plc stock, see the GB:NXT Stock Forecast page.
Spark’s Take on GB:NXT Stock
According to Spark, TipRanks’ AI Analyst, GB:NXT is a Outperform.
Next plc’s overall stock score is driven by its strong financial performance, characterized by consistent revenue growth and robust margins. The technical analysis indicates a neutral outlook, and the valuation suggests a fair market price. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on GB:NXT stock, click here.
More about Next plc
Average Trading Volume: 269,128
Technical Sentiment Signal: Buy
Current Market Cap: £13.84B
See more data about NXT stock on TipRanks’ Stock Analysis page.