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Share Price Information for Next (NXT)

London Stock Exchange
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Share Price: 9,098.00
Bid: 9,110.00
Ask: 9,114.00
Change: 120.00 (1.34%)
Spread: 4.00 (0.044%)
Open: 9,066.00
High: 9,144.00
Low: 9,008.00
Prev. Close: 8,978.00
NXT Live PriceLast checked at -

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Broker tips: BG Group, Next, Halfords

Thu, 19th Jul 2012 11:22

Credit Suisse has downgraded its rating for natural gas giant BG Group from 'outperform' to 'neutral', saying that the market has yet to full appreciate the transitional challenges that the group faces in the upstream cycle."We are particularly concerned about the key area of growth - Brazil - given its importance to value and the well-known supply chain issues in the local market." Credit Suisse says that near-term cash flow in Brazil is burdened and the balance sheet is being stretched.The broker's target price is cut from 1,660p to 1,500p.UBS has raised its target price for High Street fashion and homeware retailer Next from 3,250p to 3,500p and reiterated its 'buy' rating on the stock ahead of its second-quarter results."We believe Next may have escaped the worst impact of the weather in Q2. Budgets and stock levels are traditionally kept tight, Directory may have benefitted from the weather and (although unquantifiable) stock shortages at the market leader may also have helped," UBS said in a research note on Thursday.While shares of car and bike parts retailer Halfords jumped on Thursday morning, Investec has slashed its target price from 310p to 225p.Halfords Retail sales fell by 7.5% on a like-for-like (LFL) basis in the first quarter, which Investec labelled as "in line, albeit weak". The uncertain backdrop lead the group to cut its pre-tax profit guidance to £62-70m, compared with consensus estimates of £76m.The broker said: "FY13E looks set to be tough, and clearly a change of CEO adds an element of uncertainty to the business. However, the strategy is unchanged, cash generation remains strong, supporting our unchanged dividend forecast, and early feedback from the three Lab stores has been 'encouraging'."Investec has retained its 'buy' recommendation for the stock.BC
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LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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

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21 Jun 2023 12:33

Elliott mulls potential bid for Reiss - report

(Sharecast News) - Activist investor Elliott Advisors has emerged as a potential suitor for fashion brand Reiss, it was reported on Wednesday.

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21 Jun 2023 11:41

Next a strong UK fashion market outfit as summer weather boosts sales

(Alliance News) - Next PLC is a "clear winner" in the UK fashion market as warm weather boosts its sales, Liberum said.

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20 Jun 2023 11:28

Move over China, India & Brazil are in: TS Lombard

STOXX Europe 600 down 0.5%

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20 Jun 2023 10:38

Citi: "Can the bullish momentum continue?"

STOXX Europe 600 down 0.5%

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20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

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

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20 Jun 2023 09:10

STOXX on the backfoot

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

STOXX ON THE BACKFOOT (0754 GMT)

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19 Jun 2023 17:09

London stocks lag as miners slip; AstraZeneca weighs

AstraZeneca down on report of China business spin off plan

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19 Jun 2023 16:53

LONDON MARKET CLOSE: Stocks under pressure from expected BoE hike

(Alliance News) - Stocks in London ended lower on Monday, weighed down by a disappointing post-Covid recovery in China and the increasing expectation that interest rates in the UK will keep pushing higher.

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19 Jun 2023 14:13

UK's Next raises profit outlook on better weather, consumers' wage hikes

Second quarter sales up 9.3% year-on-year

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19 Jun 2023 13:47

TOP NEWS: Next ups full-year guidance as sunnier weather lifts sales

(Alliance News) - Next PLC on Monday lifted yearly guidance after enjoying better-than-expected trading in recent weeks due to warmer weather and more consumer spending power.

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19 Jun 2023 13:01

Next lifts FY sales and profit guidance, shares surge

(Sharecast News) - Next surged on Monday after the retailer upgraded its full-year sales and profit guidance following much better-than-expected trading in the last seven weeks, boosted by warmer weather and the impact of pay rises.

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15 Jun 2023 09:12

LONDON BROKER RATINGS: Goldman Sachs cuts Diageo to 'neutral'

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

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13 Jun 2023 13:02

Next in the process of possibly selling Reiss stake

(Sharecast News) - High street clothing retailer Next is currently engaged in discussions over the potential sale of Reiss, the fashion chain it controls, in a deal that could value Reiss at more than £500m.

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18 May 2023 18:31

IN BRIEF: Next sees sizeable opposition in vote to re-elect chair

Next PLC - Leicester-based clothing and homewares retailer - Proposal to re-elect Chair Michael Roney opposed by just under 21% of votes at annual general meeting. Next notes "significant vote against this resolution". Next will engage with shareholders and provide an update by November 18.

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