NEXT is a UK based retailer offering exciting, beautifully designed, excellent quality

fashion and accessories for men, women and children together with a full range of

homewares# NEXT distributes through three main channels:


■NEXT Retail, a chain of more than 500 stores in the UK and Eire;
■NEXT Directory, a home shopping catalogue and website with around 3 million active customers and international websites serving approximately 50 countries; and
■NEXT International, with almost 200 mainly franchised stores around the world#
Other businesses in the NEXT group include:■NEXT Sourcing, which designs, sources and buys NEXT branded products;
■Lipsy, which designs and sells its own branded younger women's fashion products through retail, internet and wholesale channels; and
The parent company, NEXT plc, is listed on the London Stock Exchange #LSE: NXT#L# and is a member of the FTSE 100 Index# Total revenues for the year ended January 2012 were £3#5 billion with underlying pre-tax profits of £570 million# NEXT's head office is located in Enderby on the outskirts of Leicester, England

http://www.next.co.uk/

Proactive investor -Thursday There is also expected to be news from the high street as fashion retailer Next plc (LON:NXT) posts annual numbers.

Numis is forecasting annual profits of £825mln against £770mln beforehand from Next, which blamed mild weather and weaker online trading for a downbeat January update.

"We expect investor attention to focus on updated guidance for FY17, where initially the group expected sales to increase by between +1% and +6%, with profit growing in line," analyst Matthew Taylor said.

Canaccord Genuity Buy 5,717.50 7,800.00 7,800.00 Retains

Peel Hunt Reduce 5,717.50 7,000.00 6,400.00 Downgrades

Cantor Fitzgerald Hold 5,717.50 7,200.00 7,200.00 Retains

Haitong Securities Sell 5,717.50 6,000.00 6,000.00 Retains

Final results

are-next-shares-really-oversold

30 Mar Numis 6,300.00 Add
30 Mar HSBC 6,260.00 Hold
30 Mar Jefferies... 5,100.00 Hold
30 Mar JP Morgan... 6,370.00 Neutral
29 Mar Goldman Sachs 6,400.00 Neutral
29 Mar Beaufort... N/A Buy
29 Mar Deutsche Bank 6,850.00 Buy
29 Mar Credit Suisse 5,600.00 Underperform

Broker Forecast - Haitong Securities issues a broker note on Next PLC

BFN

Haitong Securities today upgrades its investment rating on Next PLC (LON:NXT) to buy (from sell) and cut its price target to 5900p (from 6000p).

Story provided by StockMarketWire.com

questor-share-tip-next-struggles-as-credit-customers-fall

11:10 03/05/2016
Broker Forecast - HSBC issues a broker note on Next PLC

HSBC today reaffirms its hold investment rating on Next PLC (LON:NXT) and cut its price target to 5500p (from 6260p). Story provided by StockMarketWire.com

Trading statement

4 May Canaccord... 6,025.00 Hold
4 May Numis 5,750.00 Add
4 May Cantor... 5,400.00 Hold
4 May Peel Hunt 4,800.00 Reduce
3 May HSBC 5,500.00 Hold

Broker Forecast - Credit Suisse issues a broker note on Next PLC

BFN

Credit Suisse today upgrades its investment rating on Next PLC (LON:NXT) to neutral (from underperform) and cut its price target to 5200p (from 5600p).

Story provided by StockMarketWire.com

Proactive investor -
Berenberg has wiped more than a third off of its share price target for Next






Tom-H.jpg


Berenberg has slashed its price target for Next Plc (LON:NEXT) to 4800p, down from its previous target of 7300p, claiming that the high street retailer is stuck “between a rock and a hard place.”

The German bank reiterated its hold rating for the stock, but said a changing customer base “presents a significant structural challenge” in the long term, and believes the company may face further revenue pressure in the not-to-distant future.

Proactive investor - Next Plc (LON:NXT) up 10% to 4,808p. High street retailer uses recent Brexit-induced slide to buy back 110,000 shares.

Trading statement

3 Aug Canaccord... 5,150.00 Hold
3 Aug Cantor... 5,400.00 Hold
3 Aug Investec 4,900.00 Sell
3 Aug Peel Hunt 4,800.00 Reduce
3 Aug Deutsche Bank N/A Buy

Sunday Express - Next reports its half-year results on Thursday and analysts expect it to continue its recovery after a tough start to the year.

Half year results

15 Sep Canaccord... 5,350.00 Hold
15 Sep Cantor... 5,400.00 Hold
15 Sep Peel Hunt 4,800.00 Reduce
15 Sep Investec 4,900.00 Sell
15 Sep Haitong... 5,900.00 Buy
14 Sep HSBC 4,485.00 Hold
12 Sep Exane BNP... 5,600.00 Underperform
9 Sep Exane BNP... 5,600.00 Underperform
8 Sep Deutsche Bank 5,950.00 Buy
6 Sep Goldman Sachs 5,600.00 Neutral

fed up with these so have bitten the bullet and crystalised the loss in my sipp

have yet to decide where to place those (depleted) funds but possibly BOO despite or maybe because of its persistent surge