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Next plc ( (GB:NXT) ) just unveiled an announcement.
Next plc has announced transactions involving the sale of shares by key managerial personnel. Richard Papp, Group Merchandise and Operations Director, sold 2,518 ordinary shares at a price of £140.44 each, totaling £353,627.92 on the London Stock Exchange. Additionally, Chief Executive Lord Wolfson of Aspley Guise sold 50,000 ordinary shares at £145.195142 each, amounting to £7,259,757.10, outside a trading venue. These transactions reflect significant share sales by top executives, potentially impacting investor perceptions and the company’s market positioning.
The most recent analyst rating on (GB:NXT) stock is a Buy with a £15600.00 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 scores well due to its strong financial performance and positive technical indicators. The company’s robust revenue growth and efficient equity use are significant strengths. However, the stock’s valuation is not particularly attractive, and technical indicators suggest caution due to potential overbought conditions. The absence of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on GB:NXT stock, click here.
More about Next plc
Next plc is a prominent British multinational clothing, footwear, and home products retailer, known for its extensive range of fashion and homeware offerings. The company operates in the retail industry, focusing on delivering stylish and affordable products to a broad consumer base.
Average Trading Volume: 337,333
Technical Sentiment Signal: Buy
Current Market Cap: £16.95B
See more data about NXT stock on TipRanks’ Stock Analysis page.