Next (NXGPY) Raised to Strong-Buy at Zacks Investment Research
Next (OTCMKTS:NXGPY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday. The firm presently has a $38.00 price target on the stock. Zacks Investment Research‘s target price points to a potential upside of 26.88% from the company’s previous close.
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 (NXGPY) opened at $29.95 on Tuesday. Next has a 12 month low of $23.35 and a 12 month high of $34.65.
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