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Share Price Information for Next (NXT)

London Stock Exchange
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Share Price: 9,036.00
Bid: 9,030.00
Ask: 9,038.00
Change: 28.00 (0.31%)
Spread: 8.00 (0.089%)
Open: 9,000.00
High: 9,072.00
Low: 8,798.00
Prev. Close: 9,008.00
NXT Live PriceLast checked at -

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Broker tips: Next, Tullow, British American Tobacco...

Wed, 30th Apr 2014 13:27

Shares in Next are up with events, according to Investec, despite a better-than-expected first-quarter update and raised guidance from the high street retail group on Wednesday."We view Next as a core holding, but with the shares trading on a sector average price-to-earnings rating, we believe the valuation is up with events and retain our 'hold' recommendation."Prime Wealth Group has labelled Tullow Oil as a 'buy', saying that Wednesday's production update and asset sales mark a 'turning point' for the shares."Tullow Oil shares have effectively been falling steadily since mid 2012 highs around 1,500p, as unsuccessful drilling campaigns and other hitches put an end to a long bull run for the explorer. Today however, most of the uncertainty has been removed by the sale of the Schooner and Ketch gas fields, enabling the group to redouble focus on its Kenya successes, and put the group on a strong financial footing."Panmure Gordon has upgraded British American Tobacco (BAT) from 'hold' to 'buy', saying it sees an improving performance in the second half from the company. The broker has hiked its target price for the stock from 3,225p to 3,850p."During the second half, currency headwinds are likely to ease in and pricing should accelerate contributing good underlying earnings growth."Analysts predict BSkyB's new broadband customer numbers will fall around 50% in the third quarter, as the company's battle with BT takes a continuing toll. The media group is due to report its results for the three months to the end of March on Thursday.Analysts at Deutsche Bank and Morgan Stanley (MS) respectively forecast broadband additions of 80,000 and 70,000, down from 152,000 in the same quarter last year and compared to 110,000-119,000 in the last three quarters. Credit Suisse has reiterated its 'overweight' position on the big-cap pharmaceuticals sector, saying that 25% of M&A deals in the year to date have been from the sector. "From a macro perspective, drugs have the best combination of low leverage (thus outperform if the US cost of debt rises), dollar earners (we are dollar bulls) and low global emerging market (GEM) exposure (22%) within defensives - and unlike staples GEM exposure trades on a discount to developed markets."BC
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1 Feb 2024 09:03

LONDON BROKER RATINGS: Barclays cuts Next; JPMorgan raises easyJet

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

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1 Feb 2024 07:42

LONDON BRIEFING: Shell profit falls; announces USD3.5 billion buyback

(Alliance News) - Stocks in London are set to follow New York into the red, after the US Federal Reserve quashed hopes of a March cut to interest rates and ahead of the Bank of England interest rate decision.

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19 Jan 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 edges up despite poor UK retail sales

(Alliance News) - The FTSE 100 edged higher on Friday at around midday, though the pound struggled after data showed that UK retail sales plunged in December.

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19 Jan 2024 08:50

LONDON MARKET OPEN: FTSE 100 rises amid UK shock retail sales print

(Alliance News) - Stock prices in London outperformed on Friday's market open, after weaker-than-expected UK retail sales data appeared to stoke hopes of an earlier interest rate cut.

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18 Jan 2024 09:16

LONDON BROKER RATINGS: Exane BNP cuts BAE; Liberum lifts Naked Wines

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

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17 Jan 2024 12:36

IN BRIEF: Next adds Hargreaves Lansdown CFO Amy Stirling to board

Next PLC - Leicester, England-based clothing and homewares retailer - Appoints Amy Stirling to its board as an independent non-executive director, starting April 2. Stirling is the chief financial officer of wealth management platform operator Hargreaves Lansdown PLC. She joined Hargreaves in February 2022, having previously been CFO of the Virgin Group.

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11 Jan 2024 12:02

Partying Britons boost Tesco and M&S at Christmas but cautious for new year

LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.

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10 Jan 2024 11:16

UK's Sainsbury's in contact with government over Red Sea disruption

LONDON, Jan 10 (Reuters) - Sainsbury's is in regular contact with the UK government about the disruption to shipping in the Red Sea, the supermarket group said on Wednesday, in a sign of the nervousness of major importers about securing supplies.

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10 Jan 2024 06:00

Retailers rush to avoid delays to spring collections due to Red Sea attacks

NEW YORK/LONDON, Jan 10 (Reuters) - Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters.

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9 Jan 2024 09:47

UK's B&M not expecting material impact from Red Sea attacks

LONDON, Jan 9 (Reuters) - British discount chain B&M does not expect any material impact from disruption to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea, its CEO said on Tuesday.

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9 Jan 2024 00:01

UK retailers report subdued Christmas spending: BRC

LONDON, Jan 9 (Reuters) - British retailers reported lacklustre sales around Christmas, according to industry data released on Tuesday which may add to concerns that the economy has tipped into a mild recession, less than a year before a likely national election.

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8 Jan 2024 09:24

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

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

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8 Jan 2024 07:17

LondonMetric buys warehouse for £21.2m for let to Next

(Sharecast News) - LondonMetric Property said it had bought a warehouse in Doncaster for £21.2m which will be let to fashion retailer Next for 13 years.

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5 Jan 2024 08:57

LONDON BROKER RATINGS: Jefferies cuts Mondi to 'hold' from 'buy'

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

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4 Jan 2024 17:03

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

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