Next (NXT)

Sector:

Retailers

Index:

FTSE 100

9,242.00p
   
  • Change Today:
      54.00p
  • 52 Week High: 9,288.00
  • 52 Week Low: 6,346.00
  • Currency: UK Pounds
  • Shares Issued: 127.13m
  • Volume: 18,763
  • Market Cap: £11,749m
  • RiskGrade: 153

Deutsche Bank initiates coverage of European clothing sector

By Michele Maatouk

Date: Wednesday 25 Aug 2021

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank initiated coverage on the European clothing sector on Wednesday, with a preference for "growth companies which have adapted to changing consumer habits".
The bank started Asos, Boohoo, Marks & Spencer and Next with a 'buy' rating and target prices of 5,400p, 400p, 195p and 9,200p, respectively.

DB started H&M and Zara owner Inditex at 'sell', with target prices of SEK150 and €22. Primark owner Associated British Foods was initiated at 'hold' with a 2,200p price target.

"We prefer online versus offline, marketplace versus mono-brand retail and believe platform monetisation is key for profit growth," the bank said.

"We have created a structural framework supported by proprietary data from our DBdig team including analysing warehouse activity, social media analysis and consumer surveys.

"For shorter term trends we predict quarterly sales based on warehouse activity as well as longer term predictions for the global retailers based on sales weighted GDP forecasts."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Next Market Data

Currency UK Pounds
Share Price 9,242.00p
Change Today 54.00p
% Change 0.59 %
52 Week High 9,288.00
52 Week Low 6,346.00
Volume 18,763
Shares Issued 127.13m
Market Cap £11,749m
RiskGrade 153

Next Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.26% below the market average76.26% below the market average76.26% below the market average76.26% below the market average76.26% below the market average
78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average78.95% below the sector average
Price Trend
89.60% above the market average89.60% above the market average89.60% above the market average89.60% above the market average89.60% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
19.7% below the market average19.7% below the market average19.7% below the market average19.7% below the market average19.7% below the market average
44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average44.44% below the sector average
Growth
28.23% above the market average28.23% above the market average28.23% above the market average28.23% above the market average28.23% above the market average
65.00% above the sector average65.00% above the sector average65.00% above the sector average65.00% above the sector average65.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 13
Sell 1
Strong Sell 1
Total 21
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Next Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Jul-24 07-Dec-23
Paid 01-Aug-24 03-Jan-24
Amount 141.00p 66.00p

Trades for 28-Mar-2024

Time Volume / Share Price
11:28 8 @ 9,242.00p
11:28 12 @ 9,240.00p
11:28 9 @ 9,240.00p
11:28 30 @ 9,240.00p
11:28 121 @ 9,240.00p

Next Key Personnel

CEO Wolfson Aspley Guise
Finance Director Amanda James
Chair Michael J Roney

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