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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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Next's strong summer sales leave valuation intact, Jefferies says

Wed, 25th Jul 2018 12:54

(Sharecast News) - Next's trading was probably strong in the second quarter and an upgrade to the company's guidance looks likely but the fashion chain is fairly valued, Jefferies analysts said ahead of a trading update next week. The FTSE 100 company, led by chief executive Simon Wolfson, will have benefited from demand for summer clothes during the heatwave, Jefferies said. Next reports on second-quarter business on 1 August,The Jefferies analysts, led by James Grzinic, increased their annual pre-tax profit estimate for Next by 1% to £731m. The team increased its target price on Next shares to £61 from £52 but stuck with its 'hold' recommendation.Jefferies expects full-price brand sales growth to slow to 1.7% in the second quarter from 4.5% in the first quarter as the effect of botched buying a year earlier fades.If Next's update on prospects for annual profit is positive it will be received well by investors but the prospects for medium-term profit growth are unchanged, the analysts said."We believe that Next still attributes much of this year's strengthening market share performance to the recovery of 17/18 self-induced ranging mistakes," the analysts wrote. "We believe a more sustainable build in the valuation context is unlikely to materialise if (as?) trading momentum slows in the latter stages of 2018."
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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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4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

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4 Jan 2024 13:35

UK'S Sainsbury's to spend 200 mln stg on 9% rise in workers pay

LONDON, Jan 4 (Reuters) - British supermarket group Sainsbury's said on Thursday it would invest 200 million pounds ($254 million) on raising the pay of 120,000 workers by more than 9% to a level above the new rate of the government-mandated national minimum wage.

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4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

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4 Jan 2024 11:25

Red Sea attacks could moderate growth at UK's Next, says CEO

LONDON, Jan 4 (Reuters) - British clothing retailer Next's sales growth will likely be moderated if disruption to shipments through the Suez Canal due to attacks by Iran-backed Yemeni Houthi militants in the Red Sea continues through 2024, its boss said on Thursday.

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4 Jan 2024 10:17

UK clothing retailer Next ups profit outlook again on strong Christmas

Full price sales up 5.7% in nine weeks to Dec. 30

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4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

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4 Jan 2024 08:06

TOP NEWS: Next ups profit outlook again after bumper Christmas trading

(Alliance News) - Next PLC on Thursday lifted annual guidance once again, after sales around the key festive period were better than what the retailer had anticipated.

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4 Jan 2024 07:57

LONDON BRIEFING: Stocks to open higher amid slew of services PMIs

(Alliance News) - Stocks in London are set to open slightly higher on Thursday, ahead of a slew of services PMI data, including for the UK, while reacting to the latest data from China.

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4 Jan 2024 07:02

Next lifts guidance after better-than-expected Xmas sales

(Sharecast News) - UK fashion retailer Next lifted annual guidance for the fifth time in seven months after full-price sales came in a massive £38m more than expected during November and December, but warned that attacks on shipping in the Red Sea could cause supply delays.

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28 Dec 2023 15:56

UK earnings, trading statements calendar - next 7 days

Friday 29 December 
Pantheon Resources PLCFull Year Results
Monday 1 January 
no events scheduled 
Tuesday 2 January 
no events scheduled 
Wednesday 3 January 
no events scheduled 
Thursday 4 January 
M&C Saatchi PLCTrading Statement
Mattioli Woods PLCTrading Statement
Next PLCTrading Statement
Videndum PLCTrading Statement
Walker Crips Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Dec 2023 17:02

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

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27 Dec 2023 15:56

UK dividends calendar - next 7 days

Thursday 28 December 
Babcock International Group PLCdividend payment date
BT Group PLCex-dividend payment date
Cerillion PLCex-dividend payment date
Develop North PLCdividend payment date
Focusrite PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Grainger PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Discovery Trust PLCex-dividend payment date
Lowland Investment Co PLCex-dividend payment date
North American Income Trust PLCex-dividend payment date
Schroder AsiaPacific Fund PLCex-dividend payment date
Schroder European Real Estate Investment Trust PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Troy Income & Growth Trust PLCex-dividend payment date
Ultimate Products PLCex-dividend payment date
Value & Indexed Property Income Trust PLCex-dividend payment date
Friday 29 December 
Alliance Trust PLCdividend payment date
DFS Furniture PLCdividend payment date
Diversified Energy Co PLCdividend payment date
Downing Renewables & Infrastructure Trust PLCdividend payment date
Energean PLCdividend payment date
Global Smaller Cos Trust PLCex-dividend payment date
Henderson Diversified Income Trust PLCdividend payment date
HICL Infrastructure PLCdividend payment date
Imperial Brands PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
NextEnergy Solar Fund Ltddividend payment date
Palace Capital PLCdividend payment date
PayPoint PLCdividend payment date
Pollen Street PLCdividend payment date
Premier Miton Global Renewables Trust PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Temple Bar Investment Trust PLCdividend payment date
Warehouse REIT PLCdividend payment date
Monday 1 January 
no events scheduled 
Tuesday 2 January 
Blackrock Sustainable American Income Trust PLCdividend payment date
Fuller Smith & Turner PLCdividend payment date
Land Securities Group PLCdividend payment date
Wednesday 3 January 
Bunzl PLCdividend payment date
FirstGroup PLCdividend payment date
Next PLCdividend payment date
QinetiQ Group PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

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