Next Share News (NXT)

BROKER RATINGS SUMMARY: Jefferies Adjusts Ratings On Retailers

BUZZ-UK retailers: Jefferies sees faltering consumer confidence

** Jefferies cuts Poundland to underperform and M&S , Debenhams and Dunelm to hold ** Broker reckons on growing unemployment fear risk in the UK and expects consumer confidence to fall ** Marks & Spencer top UK blue-chip faller, down >1%; broker cuts PT to 410p vs 660p ** Dunelm

Jefferies upgrades Next, downgrades M&S as it reviews retailers

(ShareCast News) - Jefferies reviewed its ratings on London-listed retail stocks as it took a look at UK general retailers. "Retailers are facing many headwinds in 2016/17 and the sector has already lost its PER premium, however, while Brexit and FX are known issues there's a growing unemployment fe

LONDON BRIEFING: Premier Foods Receives Higher US Takeover Offer

Tuesday broker round-up

(ShareCast News) - Synthomer: Berenberg downgrades to hold with a target price of 345p. Next: Goldman Sachs downgrades to neutral, 6400p target, Canaccord downgrades to hold with a target price of 6025p, Deutsche Bank reiterates buy with a target of 6850p and Credit Suisse stays at underperform, 560

Tuesday newspaper share tips: Rightmove, Next

(ShareCast News) - Rightmove shares have jumped nearly twelve-fold since their stockmarket debut in 2006 but are likely to continue trading near record multiples, the Financial Times´s Lex column said. The company would seem to be the exception to the rule that excess profits attract new competitors

Broker tips: Next, Lamprell, Hansteen

(ShareCast News) - Deutsche Bank upgraded Next to 'buy' from 'hold' but cut the price target to 6,850p from 7,200p following the company's full year results last week. It said the 15% drop in the share price leaves Next on a 7% discount to the sector which seems like an over-reaction. DB said that

Deutsche Bank upgrades Next to 'buy'

(ShareCast News) - Deutsche Bank upgraded Next to 'buy' from 'hold' but cut the price target to 6,850p from 7,200p following the company's full year results last week. It said the 15% drop in the share price leaves Next on a 7% discount to the sector which seems like an over-reaction. DB said that

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades easyJet To Buy

LONDON BRIEFING: easyJet Leads Firm Market Despite Egypt Hijacking

Sunday share tips: Ashmore Group, Next

(ShareCast News) - Fund manager Schroders recently scooped up more shares in emerging markets-focused fund manager Ashmore Group following a sharp rally in the share price, but there are reasons to remain sceptical, The Sunday Times's Danny Forston said. By 2013, the fund manager had amassed $75bn i

LONDON MARKET CLOSE: Oil Price Fall Pins FTSE 100 In The Red

Sector movers: Next knocked off its perch again by slowdown in UK, global growth

(ShareCast News) - Retailers registered the largest losses on the Footsie after Next cautioned that 2016 might be its toughest year since 2008 and downgraded its revenue guidance. Shares in the Leicester-based outfit plummeted 15.09% to close at 5,655p - falling by 17.0% at one point in the day, the

FTSE 100 movers: Retail sales, oil prices drag on index

(ShareCast News) - The FTSE 100 was trading down on Thursday afternoon as investors ended the week early for Good Friday, with poor UK retail sales and falling oil prices dragging the benchmark down. Kingfisher Group was among the top risers, after its stock had its 'buy' rating reaffirmed by equiti

UPDATE 3-Next warning of toughest year since 2008 chills sector

* Says outlook for consumer spending has deteriorated * Says Brexit uncertainty not influencing spending * Says 2016-17 profit could fall 4.5 pct in worst case scenario * Next shares slump up to 13.4 pct * Shares in M&S, Debenhams, Primark all lower (Adds detail, analyst