NEXT (NXGPF) Stock Rating Lowered by Morgan Stanley
NEXT (NASDAQ:NXGPF) was downgraded by investment analysts at Morgan Stanley from an “equal” rating to a “weight” rating in a report released on Wednesday.
Several other brokerages have also recently issued reports on NXGPF. Credit Suisse Group cut NEXT from a “neutral” rating to an “underperform” rating in a report on Friday, June 16th. Berenberg Bank cut NEXT from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. The stock currently has an average rating of “Sell”.
Shares of NEXT (NASDAQ NXGPF) traded up 0.00000% during mid-day trading on Wednesday, hitting $70.89657. The stock’s 50-day moving average price is $58.72 and its 200-day moving average price is $53.49. NEXT has a 52 week low of $46.41 and a 52 week high of $70.90. The firm has a market capitalization of $10.10 billion and a PE ratio of 12.54362.
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