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/

No, never shorted .

3 Jan
RBC Capital...
4,500.00
Sector Performer
3 Jan
Peel Hunt
5,000.00
Hold
3 Jan
Beaufort...
N/A
Sell
2 Jan
Jefferies...
5,200.00
Hold
2 Jan
Whitman Howard
3,700.00
Sell
2 Jan
Deutsche Bank
4,500.00
Hold

4 Jan
Numis
5,100.00
Hold
4 Jan
JP Morgan...
4,830.00
Neutral
4 Jan

Deutsche Bank
4,500.00
Hold

4 Jan
Goldman Sachs
4,240.00
Sell

Transaction in Own Shares
RNS
RNS Number : 9352B
Next PLC
15 January 2018


Next plc

For immediate release

15 January 2018

Transaction in Own Shares

Next plc announces that it has today purchased on market 9,000 of its ordinary shares of 10p each (the "Shares"), all for cancellation, at a price of 4999.9894p pence per Share.

The highest price paid per Share was 5010p and the lowest price paid per Share was 4991p.

These purchases were made through the Company's broker UBS Limited.

Following the purchase, the Company's registered share capital consists of 145,601,213 Shares. This figure may be used by shareholders to determine if they are required to notify their interest, or a change to their interest, in Next plc under the FCA's Disclosure and Transparency Rules.

All of the Shares have equal voting rights and there are no shares held in Treasury.

Sharecast -Next gets a boost as RBC upgrades to 'outperform'

Retailer Next got a boost on Thursday as RBC Capital Markets upped its stance on the stock to ’outperform’ from ‘sector perform’ and hiked the price target to 5,500p from 4,800p.
The bank said its proprietary entry price point pricing survey suggests Next has become more price competitive, in particular versus the likes of competitors M&S and Debenhams.
It pointed out that Next now ranks slightly below sector average in its entry level apparel pricing. For Spring/Summer 2018, Next has lowered its prices in both womenswear and menswear and broadly maintained its prices in kidswear, in which it is the market leader.
“Historically, Next’s LFL sales performance has had a good correlation to its relative pricing proposition to M&S. Given that Next is now less expensive than the market, this should be supportive for stronger sales growth, particularly for Directory.”
In addition, RBC reckoned that recent strength in the pound against the dollar could lift Next’s gross margin earlier than peers.
“Next typically hedges 9-12 months out in advance, shorter than M&S and Debenhams, who hedge 12-18 months out in advance; as such Next should realise its margin benefit a quarter earlier,” said RBC, noting that Next sources around 70% of its cost of goods sold in US dollars.
“All else being equal, we estimate Next could see a theoretical 130-300 basis points of gross margin tailwind from FX for FY19/20E. We believe some of this margin gain will be offset by higher cotton costs, mix dilution, as well as the need to invest in its product and online propositions, but we now believe Next can sustain its margins rather than seeing a decline.”
At 1350 GMT, the shares were up 1.8% to 5,002p

23 Mar 2018
Final Result

The Mail - Clothing stalwart Next is expected to uncover a dramatic drop in profits this week.

Analysts are flagging profits at the 154-year-old firm to fall 8 per cent to £725m as the rout of bricks and mortar retailers by online behemoths such as Amazon continues.

Results for year ending Jan 18

23 Mar
Peel Hunt
5,000.00
Hold

26 Mar
RBC Capital...
5,700.00
Outperform

26 Mar
Deutsche Bank
4,850.00
Hold

Broker Forecast - Berenberg issues a broker note on Next PLC
BFN
Berenberg today reaffirms its hold investment rating on Next PLC (LON:NXT) and cut its price target to 3800p (from 4000p).

Story provided by StockMarketWire.com

Broker Forecasts data provided by www.sharesmagazine.co.

So anywhere between 3800p and 5700p ... good to see the so called experts in full agreement with each other !

One more for you Dil :-))


6 Apr
Citigroup
N/A
Sell

17:25 06/04/2018
Director Deals - Next PLC (NXT)
Michael Roney, Non Executive Director, bought 5,048 shares in the company on the 6th April 2018 at a price of 4726.11p. The Director now holds 29,127 shares. NOTE: Average price Story provided by StockMarketWire.com Director deals data provided by www.sharesmagazine.co.uk

Proactive investor -
Deutsche Bank edges up Next price target ahead of next week’s first-quarter trading update
Share
11:11 24 Apr 2018
Deutsche Bank's analysts also increased their full year pre-tax profits forecast for the clothing and homewares stores group by 1% to £710mln, above the guidance mid-point of £705mln.

The German bank repeated a ‘hold’ rating on the stock while upping its target to 4,900p from 4,850
Deutsche Bank has edged up its share price target for Next Plc (LON:NXT) after raising forecasts ahead of next week’s first-quarter trading update from the FTSE 100-listed retailer.
The German bank repeated a ‘hold’ rating on the stock while upping its target to 4,900p from 4,850p. In late morning trading, Next shares were changing hands at 5,204p each.
READ: Next's 2017 sales hit by consumer spending slowdown and online shift
In a note to clients, Deutsche Bank’s analysts said: “Despite the difficult start to the season for the UK clothing market, (Next) management was upbeat on the prospects for Q1 trading at the 23 March full year results, with a chart suggesting ambitions for 2-3% Brand full price sales in the first 14 weeks of the year.”
They added; “High frequency data since then has been volatile with more snow soon followed by a leap in temperature 'justifying' our first outing in shorts and flip flops.”
The analysts said: “Market share trends are encouraging, albeit Next is comping against range problems last year.”
They have increased their full year pre-tax profits forecast for the clothing and homewares stores group by 1% to £710mln, above the guidance mid-point of £705mln.
The analysts said earnings per share (EPS) estimates are slightly further boosted. to 1.6% growth this year, by the rapid pace of execution of the group’s budgeted buyback year-to-date.
They noted that on its forecasts Next trades on 12.3 times calendar 2018 Prices Earnings with a 3.1% prospective dividend yield.

13:30 30/04/2018
Broker Forecast - RBC Capital Markets issues a broker note on Next PLC
RBC Capital Markets today reaffirms its outperform investment rating on Next PLC (LON:NXT) and raised its price target to 6000p (from 5700p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

Trading statement

11:20 22/05/2018
Broker Forecast - AlphaValue issues a broker note on Next PLC
AlphaValue today upgrades its investment rating on Next PLC (LON:NXT) to reduce (from sell). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

08:20 15/06/2018
Broker Forecast - Liberum Capital issues a broker note on Next PLC
Liberum Capital today reaffirms its hold investment rating on Next PLC (LON:NXT) and raised its price target to 6100p (from 5000p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

12:40 09/07/2018
Broker Forecast - HSBC issues a broker note on Next PLC
HSBC today reaffirms its hold investment rating on Next PLC (LON:NXT) and raised its price target to 5550p (from 4600p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk