Berenberg lifts target for Next stock to GBp 18,700
Published on 10/13/2026 at 00:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Berenberg raised its Next price target from GBp 18,000 to GBp 18,700 on August 6, 2026.
- Next reported GBP 569.0 million in first-half pretax profit for 2026/27, up 10.5 percent.
- The last Lang & Schwarz quote was EUR 175.13 on October 12, 2026.
- Next's third-quarter trading statement is scheduled for November 5, 2026.
Berenberg lifted its Next price target from GBp 18,000 to GBp 18,700 on August 6, 2026, while keeping its buy rating, according to Scottish Widows. The target revision followed stronger trading across Next's brand portfolio and international operations.
What did Berenberg change?
Berenberg's revised target represents a GBp 700 increase from its earlier GBp 18,000 level. The bank cited full-price sales growth of 9.2 percent in the second quarter and international sales growth of 36.9 percent in that quarter, while cautioning that September weather comparisons could affect early autumn trading.
Three milestones and figures
On August 6, 2026, Berenberg raised the target to GBp 18,700. On September 17, 2026, Next published first-half results for 2026/27 covering the six months ended August 1, 2026, according to Investegate. Pretax profit reached GBP 569.0 million, up 10.5 percent from GBP 515.0 million, while the board declared a 98-pence interim dividend.
On September 22, 2026, senior managers received 8,791, 5,189, 4,646 and 1,261 shares under the company's long-term incentive plan, as reported by Investegate. The awards were acquired at nil cost and included dividend equivalents after tax deductions.
Next dates are November 5 and December 3
Next's financial calendar lists November 5, 2026, for its third-quarter trading statement and December 3, 2026, for the interim dividend ex-dividend date, according to NEXT plc. The company operates in apparel retail and homeware, with growth increasingly tied to international online sales and its wider brand portfolio.
Last quote remains dated October 12
The last quote from Lang & Schwarz stood at EUR 175.13 on October 12, 2026 at 11:00 p.m. CEST. The London Stock Exchange quote was GBp 14,720 on October 12, 2026, while the 52-week range was GBp 11,695 to GBp 16,175 and market capitalization was GBP 16.8 billion.
The further course of trading is shown by the continuously updated real-time quote of Next stock.
Next stock facts
- Company: NEXT plc
- ISIN: GB0032089863
- Ticker: NXT
- Primary exchange: London Stock Exchange
- Last Lang & Schwarz quote as of October 12, 2026, 11:00 p.m. CEST: EUR 175.13
- Market capitalization: GBP 16.8 billion (as of October 12, 2026)
- 52-week range: GBp 11,695.00-GBp 16,175.00 (as of October 12, 2026)
- Sector / Industry: Consumer Cyclical / Apparel Retail
- Index membership: FTSE 100
- Next earnings date: November 5, 2026
Market context: Market report FTSE 100.
