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Latest Share Chat

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 9,246.00
Bid: 9,244.00
Ask: 9,250.00
Change: -134.00 (-1.43%)
Spread: 6.00 (0.065%)
Open: 9,352.00
High: 9,400.00
Low: 9,208.00
Prev. Close: 9,380.00
NXT Live PriceLast checked at -

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Broker snap: Bleak midwinter sales at Next

Wed, 05th Jan 2011 11:48

Financial services group Matrix highlights the weak sales figures at Next as atypical of the sector and places the target price for the high street fashion chain under review.For the five months to 24 December, the group blamed its poor sales on bad weather and poor availability of best selling lines, but the broker suggests that it "looks like poor judgement rather than bad luck." Retail sales were down 6.1% but Directory sales were up 8.7%. "We have consistently valued Next at a 15% discount to the general retail sector to "reflect the company's lack of sales growth potential," says analyst Tom Gadsby.While its full-year earnings per share forecast remains unchanged at 215p, the broker places the target price of 2,077p under review and places the group in its 'reduce' category.
More News
14 Apr 2023 23:00

Investors to urge UK firms to protect low-paid workers

Low paid disproportionately hit by high inflation

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5 Apr 2023 15:24

Director dealings: Next director makes share sale

(Sharecast News) - Next revealed on Wednesday that merchandise and operations director Richard Papp had disposed of 5,300 ordinary shares in the FTSE 100-listed clothing retailer.

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3 Apr 2023 09:43

LONDON BROKER RATINGS: HSBC cuts NCC; Exane BNP cuts Man Group

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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31 Mar 2023 10:01

LONDON BROKER RATINGS: UBS likes Beazley; Berenberg cuts Wood Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

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30 Mar 2023 09:54

LONDON BROKER RATINGS: SocGen cuts Next; Jefferies cuts CMC markets

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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29 Mar 2023 17:16

Banks boost European stocks, UBS climbs after naming Ermotti CEO

Technology stocks rally 2.7%, boosted by chipmakers

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29 Mar 2023 17:11

LONDON MARKET CLOSE: Stocks up as confidence in banking sector builds

(Alliance News) - London's FTSE 100 extended its win streak to three days on Wednesday, with markets poised to wrap-up a fraught month for equities in bullish fashion, as banking sector fears fade.

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29 Mar 2023 12:08

LONDON MARKET MIDDAY: Banking optimism, Chinese tech gains lift shares

(Alliance News) - Large-cap equities in Europe went into Wednesday afternoon on the front foot, with the market mood lifted by a rally in Chinese technology shares and continued optimism that a full-blown banking crisis will be averted.

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29 Mar 2023 09:26

TOP NEWS: Next shares down as warns of profit and sales decline

(Alliance News) - Next PLC on Wednesday hailed a "good year" in 2022 despite various challenges, but expects a "difficult" year ahead as selling price inflation will be "more benign" than anticipated.

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29 Mar 2023 09:04

LONDON MARKET OPEN: Trading timid; Next falls as profit to decline

(Alliance News) - Stock prices in London opened higher on Wednesday, though trading remaining cautious following the recent turbulence in the banking sector.

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29 Mar 2023 07:57

Next posts better-than-expected FY profits

(Sharecast News) - Next posted a better-than-expected jump in full-year profit on Wednesday as it said selling price inflation was set to be more benign than previously thought, but warned the year ahead will be "difficult" and that it continues to expect a decline in profit.

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29 Mar 2023 07:52

LONDON BRIEFING: Next guides for lower profit and full price sales

(Alliance News) - Equity trading is set to remain cautious in London on Wednesday, as investor sentiment continues to steady after the recent turbulence in the banking sector.

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28 Mar 2023 16:47

Next snaps up Cath Kidston vintage clothing brand for GBP8.5 million

(Alliance News) - Next PLC on Tuesday said it has bought the Cath Kidston vintage clothing brand in a GBP8.5 million deal.

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28 Mar 2023 16:44

Next buys Cath Kidston for £8.5m

(Sharecast News) - Retailer Next confirmed on Tuesday that it has agreed to buy the brand name, domain names and intellectual property of Cath Kidston from the administrators for £8.5m.

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28 Mar 2023 14:15

Wednesday preview: UK money supply growth, Next in focus

(Sharecast News) - Investors' focus in the middle of the week would swivel back to the UK.

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