NEXT (OTCMKTS:NXGPY) Upgraded to Hold at Zacks Investment Research

NEXT (OTCMKTS:NXGPYGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday, Zacks.com reports.

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 NXGPY stock opened at $38.44 on Thursday. The stock’s 50 day simple moving average is $39.91 and its 200 day simple moving average is $47.15. NEXT has a twelve month low of $36.12 and a twelve month high of $58.89.

NEXT Company Profile (Get Rating)

NEXT plc engages in the retail of clothing, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, NENA, and Property Management segments.

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