Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNext Share News (NXT)

Share Price Information for Next (NXT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9,274.00
Bid: 9,292.00
Ask: 9,296.00
Change: -106.00 (-1.13%)
Spread: 4.00 (0.043%)
Open: 9,352.00
High: 9,400.00
Low: 9,198.00
Prev. Close: 9,380.00
NXT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thursday newspaper share tips: Next, One Savings Bank

Thu, 03rd Nov 2016 12:52

(ShareCast News) - Shares in Next have been battered as markets price-in its exposure to the fall in the pound, which will make sourcing from outside the UK dearer, but the share price drop had been overdone, The Times's Tempus said.Then there is the potential impact of higher inflation on consumer spend to contend with.The fact that management is assiduous in keeping investors up to breast of evolving trends may also have played a hand in its recent share price drop.In part due to its very strong performance one year ago, total sales dropped by 3.5% in the third quarter.Yet comparisons are set to become easier going forward, given top-line growth of just 0.4% one year ago and the company is confident that it can limit price increases to roughly 5%.Markets have obviously taken a gloomier view of retailers in general following Brexit, but probably too much so.Indeed, the company has been able to keep profit forecasts steady through cost-cutting.Trading on 11 times' earnings and offering a yield of 6%, "unless you take a very gloomy view of the high street, that fall looks overdone."'Buy', Tempus said.One Savings Bank's specialisation in buy-to-let mortgages has afforded the lender a hefty premium versus its expected tangible asset value, Tempus mused.Furthermore, it has an "attractive" business model, Tempus agreed, but its high valuation meant immediate progress might be limited.'Avoid' was the tipster's advise.
More News
29 Jun 2023 12:47

H&M to grow third-party brand strategy as online rivalry intensifies

STOCKHOLM, June 29 (Reuters) - H&M plans to sell more third-party brands online and in stores, CEO Helena Helmersson said on Thursday, as one of the world's top fashion retailers ramps up its effort to take on e-commerce rivals.

Read more
26 Jun 2023 09:47

AB Foods raises profit outlook as Primark gets summer boost

Sees 2022-23 profit 'moderately ahead' of previous year

*

Read more
26 Jun 2023 08:55

LONDON BROKER RATINGS: JPMorgan cuts Lloyds Banking to 'underweight'

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

Read more
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.

Read more
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.

Read more
20 Jun 2023 11:28

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

STOXX Europe 600 down 0.5%

*

Read more
20 Jun 2023 10:38

Citi: "Can the bullish momentum continue?"

STOXX Europe 600 down 0.5%

*

Read more
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:

Read more
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)

Read more
19 Jun 2023 17:09

London stocks lag as miners slip; AstraZeneca weighs

AstraZeneca down on report of China business spin off plan

*

Read more
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.

Read more
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

*

Read more
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.

Read more
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.

Read more
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:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.