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Share Price Information for Next (NXT)

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Share Price: 9,008.00
Bid: 8,998.00
Ask: 9,004.00
Change: -34.00 (-0.38%)
Spread: 6.00 (0.067%)
Open: 9,068.00
High: 9,162.00
Low: 8,996.00
Prev. Close: 9,042.00
NXT Live PriceLast checked at -

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Broker snap: Credit Suisse cuts Next to 'neutral' after strong run

Fri, 05th Apr 2013 09:15

After a 50 per cent share-price jump over the past 12 months, Next has seen its rating downgraded by Credit Suisse from 'outperform' to 'neutral', causing the stock to fall on Friday morning.The broker has removed the shares from its 'Focus List' after the 37% outperformance of the benchmark FTSE 100 index.The stock was down 2.52% at 4,216p by 09:32 in morning trade.Credit Suisse said that some of the drivers of the financial year (ending January 2014) have not been quite as significant as expected: "The outlook for Homeware sales, Directory service enhancements and customer growth in 2H 2012/13 are all slightly behind where we hoped they would be at this stage of the year, providing slightly less confidence in forecasts."As such, it believes that there is little chance of upgrades to full-year numbers until the second half following a slow January and expected slow first quarter.Meanwhile, Next has given mixed messages on share repurchases, the broker said."The company has shown clear reluctance to buy back shares above £45, and has yet to pay over £43. We don't see a long-term alternative to buybacks, but for as long as it remains well behind its full-year run rate, the buyback question will be a cloud; both technically in terms of support, and potentially in terms of the earnings per share accretion for the next two years."Next's valuation - trading a 13.5 times forward earnings - is close to 10-year highs, Credit Suisse said.The target price has been lifted from 4,450p to 4,650p, which leaves just 6.0% upside to the current price.BC
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2 Oct 2023 17:17

TOP NEWS: Next CFO to step down next year; announces successor

(Alliance News) - Next PLC on Monday announced that Chief Financial Officer Amanda James has decided to retire from full-time work and will step down from its board on July 26, 2024.

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2 Oct 2023 15:00

Next CFO Amanda James to step down next year

(Sharecast News) - Clothing and homeware retailer Next said on Monday that chief financial officer Amanda James plans to step down from the board in July 2024 after 28 years with the company.

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26 Sep 2023 09:23

LONDON BROKER RATINGS: RBC likes Bellway, Redrow among housebuilders

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

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22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

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

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22 Sep 2023 08:42

LONDON MARKET OPEN: Stocks slip after central bank rate calls

(Alliance News) - Stock prices in London opened lower on Friday, but managed to avoid the steep declines seen in New York, as investors mulled over an eventful week dominated by central bank decisions.

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21 Sep 2023 16:56

LONDON MARKET CLOSE: Hawkish Fed hits risk appetite as BoE hurts pound

(Alliance News) - Stock prices in Europe closed lower on Thursday as hawkish words from the Federal Reserve hit equities, while the FTSE 100 ended off morning lows but failed to cling onto the gains it made after the Bank of England stood pat on interest rates.

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21 Sep 2023 12:20

LONDON MARKET MIDDAY: Sterling slumps as BoE ends hiking streak

(Alliance News) - Stocks in London perked up heading into Thursday afternoon after the Bank of England, like the Federal Reserve, decided against a hike, hurting the pound.

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21 Sep 2023 09:47

TOP NEWS: Next raises annual guidance on sales and profit boost

(Alliance News) - Next PLC on Wednesday said profit and sales both increased around 5% in its latest half year and raised its full year guidance, adding that it expects inflationary pressures to ease in financial 2025.

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21 Sep 2023 09:02

LONDON MARKET OPEN: Oil majors, miners fall but retailers outperform

(Alliance News) - Stock prices in London opened in the red on Thursday, as sentiment took a hit from the prospect of another interest rate hike from the Federal Reserve, as investors awaited news from the Bank of England at midday.

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21 Sep 2023 07:49

LONDON BRIEFING: Next raises annual guidance amid interim growth

(Alliance News) - Stocks in London are called lower on Thursday, as global equities suffer after hawkish rhetoric from the Federal Reserve.

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21 Sep 2023 07:03

Next lifts annual profit guidance after strong summer sales

(Sharecast News) - UK fashion retailer Next on Thursday lifted full-year guidance for the third time in four months after better-than-expected summer sales and said inflationary pressures should ease next year.

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20 Sep 2023 12:04

LONDON MARKET MIDDAY: Housebuilders surge as UK inflation abates

(Alliance News) - The FTSE 100 was boosted by retailers and housebuilders midday Wednesday, as investors celebrated UK inflation easing to an 18-month low in a development that takes some pressure off the Bank of England.

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18 Sep 2023 09:40

LONDON BROKER RATINGS: Jefferies likes Energean; JPMorgan raises IDS

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

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14 Sep 2023 15:43

UK earnings, trading statements calendar - next 7 days

Friday 15 September 
Petra Diamonds LtdFull Year Results
VH Global Sustainable Energy Opportunities PLCHalf Year Results
Monday 18 September 
Artisanal Spirits Co PLCHalf Year Results
City of London Investment Group PLCFull Year Results
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Facilities by ADF PLCHalf Year Results
Futura Medical PLCHalf Year Results
Greencoat Renewables PLCHalf Year Results
HgCapital Trust PLCHalf Year Results
Phoenix Group Holdings PLCHalf Year Results
S4 Capital PLCHalf Year Results
Tuesday 19 September 
accesso Technology Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Big Technologies PLCHalf Year Results
C&C Group PLCTrading Statement
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Eagle Eye Solutions Group PLCFull Year Results
Fintel PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
Henry Boot PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Maintel Holdings PLCHalf Year Results
McBride PLCFull Year Results
MyHealthChecked PLCHalf Year Results
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Serica Energy PLCHalf Year Results
SThree PLCTrading Statement
Surgical Innovations Group PLCHalf Year Results
Team17 Group PLCHalf Year Results
Trustpilot Group PLCHalf Year Results
Water Intelligence PLCHalf Year Results
Xaar PLCHalf Year Results
Wednesday 20 September 
Advanced Medical Solutions Group PLCHalf Year Results
ASA International Group PLCHalf Year Results
Destiny Pharma PLCHalf Year Results
Dunelm Group PLCTrading Statement
Epwin Group PLCHalf Year Results
Galliford Try Holdings PLCFull Year Results
GENinCode PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Judges Scientific PLCHalf Year Results
LBG Media PLCHalf Year Results
M&G PLCHalf Year Results
Oxford Biomedica PLCHalf Year Results
PYX Resources LtdHalf Year Results
Round Hill Music Royalty Fund LtdHalf Year Results
Supermarket Income REIT PLCFull Year Results
Ten Entertainment Group PLCHalf Year Results
Warpaint London PLCHalf Year Results
Thursday 21 September 
Aquis Exchange PLCHalf Year Results
Chesnara PLCHalf Year Results
City Pub Group PLCHalf Year Results
Corero Network Security PLCHalf Year Results
CVS Group PLCFull Year Results
DFS Furniture PLCFull Year Results
Halma PLCTrading Statement
Investec PLC and LtdTrading Statement
James Fisher & Sons PLCHalf Year Results
JD Sports Fashion PLCHalf Year Results
Life Science REIT PLCHalf Year Results
Next PLCHalf Year Results
Sondrel Holdings PLCHalf Year Results
SSP Group PLCTrading Statement
Strix Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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14 Sep 2023 15:43

UK earnings, trading statements calendar - next 7 days

Friday 15 September 
Petra Diamonds LtdFull Year Results
VH Global Sustainable Energy Opportunities PLCHalf Year Results
Monday 18 September 
Artisanal Spirits Co PLCHalf Year Results
City of London Investment Group PLCFull Year Results
Downing Renewables & Infrastructure Trust PLCHalf Year Results
Facilities by ADF PLCHalf Year Results
Futura Medical PLCHalf Year Results
Greencoat Renewables PLCHalf Year Results
HgCapital Trust PLCHalf Year Results
Phoenix Group Holdings PLCHalf Year Results
S4 Capital PLCHalf Year Results
Tuesday 19 September 
accesso Technology Group PLCHalf Year Results
Billington Holdings PLCHalf Year Results
Big Technologies PLCHalf Year Results
C&C Group PLCTrading Statement
Concurrent Technologies PLCHalf Year Results
CPPGroup PLCHalf Year Results
Eagle Eye Solutions Group PLCFull Year Results
Fintel PLCHalf Year Results
Good Energy Group PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
Henry Boot PLCHalf Year Results
Kingfisher PLCHalf Year Results
Litigation Capital Management LtdFull Year Results
Maintel Holdings PLCHalf Year Results
McBride PLCFull Year Results
MyHealthChecked PLCHalf Year Results
Moonpig Group PLCTrading Statement
Naked Wines PLCFull Year Results
Northcoders Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Renishaw PLCFull Year Results
Serica Energy PLCHalf Year Results
SThree PLCTrading Statement
Surgical Innovations Group PLCHalf Year Results
Team17 Group PLCHalf Year Results
Trustpilot Group PLCHalf Year Results
Water Intelligence PLCHalf Year Results
Xaar PLCHalf Year Results
Wednesday 20 September 
Advanced Medical Solutions Group PLCHalf Year Results
ASA International Group PLCHalf Year Results
Destiny Pharma PLCHalf Year Results
Dunelm Group PLCTrading Statement
Epwin Group PLCHalf Year Results
Galliford Try Holdings PLCFull Year Results
GENinCode PLCHalf Year Results
HydrogenOne Capital Growth PLCHalf Year Results
Judges Scientific PLCHalf Year Results
LBG Media PLCHalf Year Results
M&G PLCHalf Year Results
Oxford Biomedica PLCHalf Year Results
PYX Resources LtdHalf Year Results
Round Hill Music Royalty Fund LtdHalf Year Results
Supermarket Income REIT PLCFull Year Results
Ten Entertainment Group PLCHalf Year Results
Warpaint London PLCHalf Year Results
Thursday 21 September 
Aquis Exchange PLCHalf Year Results
Chesnara PLCHalf Year Results
City Pub Group PLCHalf Year Results
Corero Network Security PLCHalf Year Results
CVS Group PLCFull Year Results
DFS Furniture PLCFull Year Results
Halma PLCTrading Statement
Investec PLC and LtdTrading Statement
James Fisher & Sons PLCHalf Year Results
JD Sports Fashion PLCHalf Year Results
Life Science REIT PLCHalf Year Results
Next PLCHalf Year Results
Sondrel Holdings PLCHalf Year Results
SSP Group PLCTrading Statement
Strix Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more

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