NEXT plc with ticker (LON:NXT) now has a potential downside of -10.0% according to Deutsche.
Deutsche set a target price of 7,350 GBX for the company, which when compared to the NEXT plc share price of 8,168 GBX at opening today (12/12/2023) indicates a potential downside of -10.0%. Trading has ranged between 5,468 (52 week low) and 8,250 (52 week high) with an average of 300,153 shares exchanging hands daily. The market capitalisation at the time of writing is £10,448,379,904.
NEXT plc is a retailer selling clothing, homeware, and beauty products. The Company’s segments include NEXT Online, NEXT Finance, NEXT Retail, Total Platform, Joules, Property Management, and International Retail, Sourcing and other. The Property Management segment holds properties and property leases which are recharged to other segments and external parties. The International Retail, Sourcing and other segment comprises franchise and wholly owned stores overseas and its sourcing business. International online sales are included in the NEXT Online segment. NEXT Online segment includes NEXT Brand UK, LABEL, and Overseas. Its product ranges stretch from women’s clothing through to upholstery. Its stores support its online customers by facilitating the collection of orders and processing of returns. Its Total Platform brands include JoJo Maman Bebe, MADE.com and Joules, among others. The Company also offers next3step, a credit account that allows customers to spread the cost of orders.
NEXT plc -10.0% potential downside indicated by Deutsche
- Written by: Charlotte Edwards
Latest Company News
NEXT plc reported a 10.5% rise in full price sales for the 13 weeks to 25 October 2025, £76 million ahead of expectations. UK sales were up 5.4%, while overseas sales surged 38.8%.
NEXT plc posted a 10.3% rise in Group sales to £3.25 billion and a 13.8% increase in pre-tax profit to £515 million for the six months to July 2025. Full price sales were up 10.9%, with the company maintaining full-year profit guidance of £1.1 billion.
NEXT plc (LON:NXT) boosts profit forecasts as holiday sales surpass expectations, reporting a 10% rise in pre-tax profit and strong future growth guidance.
Next Plc (LON:NXT) surpasses forecasts with a 7.6% sales increase in Q3 fueled by winter demand, achieving robust growth across online and retail sectors.
NEXT Plc (LON:NXT) surpasses expectations in Q2, with full price sales up 3.2%. First half sales rise by 8%, prompting a profit guidance increase for the full year.
British Land Company PLC (LON:BLND) appoints Amanda James as Non-Executive Director, bringing extensive finance and retail experience from NEXT Plc.
