Zacks Investment Research upgraded shares of Next (OTCMKTS:NXGPY) from a hold rating to a strong-buy rating in a research note published on Tuesday. Zacks Investment Research currently has $38.00 price target on the stock.
According to Zacks, “Next plc is a United Kingdom-based retailer offering fashion and accessories for men, women and children besides homeware products. It distributes its products through three main channels: Next Retail, a chain of stores in the United Kingdom and Eire; Next Directory, a home shopping catalogue and Website with millions of active customers, and Next International, with many stores. The Company’s other businesses 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 wholesale, retail and Website channels, and Ventura, which provides customer services management to clients wishing to outsource their customer contact administration and fulfillment activities. Next plc is headquartered in Leicester, United Kingdom. “
Shares of Next (OTCMKTS:NXGPY) remained flat at $$29.95 during mid-day trading on Tuesday. Next has a 52-week low of $23.35 and a 52-week high of $34.65.
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