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Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

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Share Price: 9,098.00
Bid: 9,110.00
Ask: 9,114.00
Change: 0.00 (0.00%)
Spread: 4.00 (0.044%)
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High: 0.00
Low: 0.00
Prev. Close: 9,098.00
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Broker snap: Panmure ups forecasts for Next

Thu, 03rd Jan 2013 10:33

Panmure Gordon has lifted its price target for retailing group Next from 3,770p to 3,848p following the company's Christmas trading update on Thursday morning which showed 'continued strength'.The broker said that trading between November 1st and December 24th 2012 was strong with both sales and margins coming in better than expected.Meanwhile, buy-backs of £241m last year compared with guidance of £200m, and the buy-back guidance for the year to January 2014 is £250m, well ahead of Panmure's £190m estimate.Finally, Next raised its full-year (ending January 2013) profit before tax guidance from £590-620m to £611-625m. Panmure had pencilled in a figure closer to £612.7m for this year and has moved it up to £617.8m accordingly. The broker also raised next year's forecast from £640.7m to £644.6m.However, despite the forecast upgrades, Panmure retained its 'hold' rating for Next."Trading on a FY2013E price-to-earnings ratio of 13.5 on our new estimates, dropping to 12.3 in FY2014E, we think that Next shares have some upside but not enough to justify a 'buy' recommendation," analysts said.Nevertheless, they said that they are still "big fans of this blue blood multi-channel retailer".Shares were up 2.31% at 3,859p in morning trade on Thursday.BC
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(Alliance News) - Moneysupermarket.com Group PLC on Thursday announced the appointment of its new chair designate as an independent non-executive director.

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(Alliance News) - Stock prices in London were higher at midday Thursday, after the Bank of England left interest rates unchanged, in a vote which remained split.

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21 Mar 2024 09:20

TOP NEWS: Next celebrates record year as profit beats expectations

(Alliance News) - Next PLC on Thursday maintained its sales and profit guidance for the coming financial year after reporting record figures last year.

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21 Mar 2024 08:59

LONDON MARKET OPEN: New York rally extends to London ahead of BoE

(Alliance News) - Stock prices in London opened higher on Thursday, following in New York's footsteps.

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LONDON BRIEFING: Stocks called up thanks to New York rally

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21 Mar 2024 07:09

Next holds guidance as annual profits rise 5%

(Sharecast News) - Shares in UK fashion retailer Next jumped on Thursday as it held guidance for 2024 after posting a better-than-expected 5% rise in annual profits and flagged lower prices for customers this year.

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14 Mar 2024 15:06

UK earnings, trading statements calendar - next 7 days

Friday 15 March 
Berkeley Group Holdings PLCTrading Statement
Volution Group PLCHalf Year Results
Monday 18 March 
Marshalls PLCFull Year Results
Seeing Machines LtdHalf Year Results
Serinus Energy PLCFull Year Results
SigmaRoc PLCFull Year Results
Team Internet Group PLCFull Year Results
Tuesday 19 March 
Atalaya Mining PLCFull Year Results
Close Brothers Group PLCHalf Year Results
DFS Furniture PLCHalf Year Results
Eagle Eye Solutions Group PLCHalf Year Results
Essentra PLCFull Year Results
Fintel PLCFull Year Results
Litigation Capital Management LtdHalf Year Results
Midwich Group PLCFull Year Results
Mpac Group PLCFull Year Results
MP Evans Group PLCFull Year Results
Pebble Group PLCFull Year Results
Personal Group Holdings PLCFull Year Results
Sabre Insurance Group PLCFull Year Results
Staffline Group PLCFull Year Results
Tissue Regenix Group PLCFull Year Results
Trustpilot Group PLCFull Year Results
Yu Group PLCFull Year Results
Zotefoams PLCFull Year Results
Wednesday 20 March 
Computacenter PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eurocell PLCFull Year Results
FDM Group PLCFull Year Results
Investec PLCTrading Statement
Kenmare Resources PLCFull Year Results
Prudential PLCFull Year Results
VietNam Holding LtdHalf Year Results
Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Stock Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
  
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26 Feb 2024 09:36

PRESS: Next mulls rescue bid for ailing beauty chain, the Body Shop

(Alliance News) - Next PLC has approached administrators to the Body Shop about a potential deal to purchase parts of the stricken cosmetics chain, according to a report on Saturday.

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London close: Stocks turn lower as BoE keeps rates on hold

(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.

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Broker tips: Next, Marshalls, easyJet

(Sharecast News) - Barclays downgraded Next to 'equalweight' from 'overweight' on Thursday but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.

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