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.

ILLEGAL ACTIVITY WARNING: “NEXT (NXGPF) Stock Rating Lowered by Morgan Stanley” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at

Analyst Recommendations for NEXT (NASDAQ:NXGPF)

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's FREE daily email newsletter.