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

NEXT (OTCMKTS:NXGPY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday, 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 OTCMKTS:NXGPY opened at $50.51 on Thursday. The company has a fifty day simple moving average of $54.42 and a 200 day simple moving average of $54.87. NEXT has a 12-month low of $49.66 and a 12-month high of $59.76.

NEXT Company Profile

Next Plc owns and operates retail stores. It offers fashionable accessories for men, women and children along with home wares. It operates through following business segments: NEXT Retail, NEXT Online, NEXT Finance, NEXT International Retail, NEXT Sourcing, Lipsy, and Property Management. The company was founded by Hepworth Joseph in 1864 and is headquartered in Leicester, the United Kingdom.

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