Next (NXT)

Down
Share Price:
14,685.00p
Market Cap:
£17,572m
Change Today:
-230.00p
Sector:
Retailers

Deutsche Bank lifts Next price target after results

By Michele Maatouk

Date: Friday 07 Aug 2026

LONDON (ShareCast) - (Sharecast News) - Deutsche Bank lifted its price target on Next on Friday to 16,000p from 14,000p after the retailer upped its profit guidance again earlier in the week.
Analysts Adam Cochrane said: "The Next machine continues to deliver stronger sales growth than expected which flows down to robust earnings growth.

"In our view, its valuation premium to the rest of the UK retail sector is warranted. 1H full-price sales growth was 7.7%, with an acceleration in 2Q to 9.2%. The beat compared to the guidance has largely become an expectation but this should not distract from the strength of the absolute number compared to peers."

Cochrane said the Next business model continues to evolve, with the upgrade largely coming from the international business and better profit expectations from the equity investments.

"Both of these offer increased diversification away from the more-mature UK business and support the premium P/E multiple," said Cochrane, who maintained his 'hold' rating on the shares.

At 1010 BST, the shares were down 0.1% at 15,695p.

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

 

Next Market Data

Currency UK Pounds
Price 14,685.00p
Change Today -230.00p
52 Week High 15,715.00p
52 Week Low 11,575.00p
Volume 222,227
Shares Issued 119.66m
Market Cap £17,572m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Income
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. empty sector
P/E
market
  1. full market star
  2. full market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. full market star
  5. half market star
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star
Dividend Yield
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. half sector star
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 11
Sell 0
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.