NEXT (OTC:NXGPF) was downgraded by equities research analysts at Morgan Stanley from an “equal weight” rating to an “underweight” rating in a report issued on Wednesday, StockTargetPrices.com reports.

Other analysts have also issued research reports about the company. Credit Suisse Group lowered NEXT from a “neutral” rating to an “underperform” rating in a report on Friday, June 16th. Berenberg Bank lowered NEXT from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th.

Shares of NEXT (OTC:NXGPF) traded up 0.00000% on Wednesday, hitting $70.89657. The firm has a market capitalization of $10.10 billion and a PE ratio of 12.54362. The firm has a 50 day moving average of $58.09 and a 200-day moving average of $53.36. NEXT has a 1-year low of $46.41 and a 1-year high of $70.90.

COPYRIGHT VIOLATION WARNING: “NEXT (NXGPF) Downgraded by Morgan Stanley” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/10/11/next-nxgpf-downgraded-by-morgan-stanley.html.

Stock Target Prices

Receive News & Ratings for NEXT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NEXT and related companies with MarketBeat.com's FREE daily email newsletter.