Next Share News (NXT)

Next Information

Buy NXT Shares
Add NXT to Watchlist
Add NXT to Alert

Share Price Information for Next (NXT)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 9,038.00

Bid: 9,034.00

Ask: 9,038.00

Change: 0.00 (0.00%)

Spread: 4.00 (0.044%)

Open: 0.00

High: 0.00

Low: 0.00

Prev. Close: 9,038.00

Last checked at -

Sunday share tips: Ashmore Group, Next

Sun, 27th Mar 2016 21:14

(ShareCast News) - Fund manager Schroders recently scooped up more shares in emerging markets-focused fund manager Ashmore Group following a sharp rally in the share price, but there are reasons to remain sceptical, The Sunday Times's Danny Forston said.By 2013, the fund manager had amassed $75bn in clients' assets which it ploughed into everything from government debt to equities.Yet, as the decade-long China boom went into reverse that pile of assets shrank to just $49.bn at the turn of the past year.Nonetheless, shares in Ashmore have rallied sharply from their trough of 196p hit in January, as commodities bounced back, hurting many a short-seller.Even so, the forces at work are powerful, China is shifting towards a consumer economy, demand for commodities will slow and the US dollar is expected to get stronger.Hence, the recent jump in he outfit's shares is a chance to take profits, so 'sell', Fortson says.Next is at it again, exaggerating the challenges the company faces, the Financial Times's Lex column said.On 23 March the retailer's boss, Lord Wolfson, went as far as repeating the comparison he made in 2011, when he compared the business climate to "running up a down escalator".Indeed, the share price reaction would seem to indicate that markets are taking him at his word.As well, his caution on the outlook was starkly different than the relative benign prognosis he offered up after Christmas.The company is struggling to draw customers to its credit offering and its Next directory arm is maturing and needs investment.However, the company's clear focus on profitability and returns make it unlikely that it too, like Tesco, will be knocked off its perch, Lex said.

More News

21 Feb 2023 10:25

Numis upgrades Currys, downgrades Next

(Sharecast News) - Numis upgraded Currys to 'reduce' from 'sell' and cut Next to 'hold' from 'buy' as it took a look at the UK retail sector, saying it has gone from "less bad" to "quite good" and changing its price targets on a raft of names.

21 Feb 2023 10:17

LONDON BROKER RATINGS: BoA cuts DS Smith; Jefferies likes JTC

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

9 Feb 2023 09:44

Liberum calls Next 'a clear winner'

(Sharecast News) - Analysts at Liberum took a fresh look at retailer Next on Thursday, stating the firm was "a clear winner", with multiple macro and micro drivers.

8 Feb 2023 12:14

LONDON MARKET MIDDAY: Powell offers tonic after US jobs spooked stocks

(Alliance News) - London's FTSE 100 traded not far off its best-ever level at midday on Wednesday, with equities supported by a more bullish forecast for the UK economy and Federal Reserve Chair Jerome Powell taking a softer tone than feared in a speech on Tuesday.

8 Feb 2023 11:47

Next promotes executive director to push third-party sales platform

(Alliance News) - Next PLC on Wednesday announced it has promoted Jeremy Stakol to executive director with a remit to boost the retailer's online sales platform.

8 Feb 2023 10:23

Next appoints Lipsy's Jeremy Stakol as executive director

(Sharecast News) - Next said on Wednesday that it has appointed Jeremy Stakol as non-executive director, putting him in charge of boosting the clothing and homeware retailer's online sales.

2 Feb 2023 18:28

JD Sports' new CEO Schultz lays out growth plans

New CEO sees capex of 3 bln stg over five years

1 Feb 2023 09:33

LONDON BROKER RATINGS: Citigroup cuts Persimmon; HSBC raises Asos

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

17 Jan 2023 09:36

LONDON BROKER RATINGS: Bernstein cuts Unilever to 'underperform'

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

16 Jan 2023 09:49

Britain's M&S to invest $587 mln in store estate

Has accelerated overhaul of store estate

12 Jan 2023 09:19

ASOS identifies cost savings after Christmas sales slide

Revenues down 3% in four months to end of Dec.

11 Jan 2023 09:36

JD Sports sees bills-free young shoppers boosting profits

Total revenue growth of over 20% in 6 weeks to Dec. 31

10 Jan 2023 16:57

LONDON MARKET CLOSE: Stocks lower after central bank speeches

(Alliance News) - Stock prices in London closed lower on Tuesday, after the Bank of England's chief economist warned that inflation in the UK may prove to be "more persistent."

10 Jan 2023 12:21

LONDON MARKET MIDDAY: FTSE 100 pares loss before Powell takes stage

(Alliance News) - Stock prices in London fell short of producing a mid-morning turnaround but did go into Tuesday afternoon off session lows, though US interest rate worries still cast a dark cloud.

10 Jan 2023 10:11

LONDON BROKER RATINGS: Jefferies likes Inchcape; HSBC cuts Clarkson

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

Latest Share Chat

Next Share News (NXT)

Share Price Information for Next (NXT)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Ashmore Group, Next

Login to your account

Quickpicks are a member only feature

Login to your account