NEXT (OTCMKTS:NXGPY) Rating Increased 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 research note issued to investors on Tuesday, January 9th. The firm presently has a $38.00 target price on the stock. Zacks Investment Research‘s price target would suggest a potential upside of 9.35% 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 (OTCMKTS NXGPY) opened at $34.75 on Tuesday. NEXT has a 1-year low of $23.35 and a 1-year high of $34.75.

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