Berenberg Bank Lowers NEXT (NXGPF) to Sell
NEXT (OTC:NXGPF) was downgraded by stock analysts at Berenberg Bank from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday, StockTargetPrices.com reports.
Separately, Credit Suisse Group cut NEXT from a “neutral” rating to an “underperform” rating in a report on Friday, June 16th.
NEXT (NXGPF) remained flat at $49.15 during mid-day trading on Tuesday. 22 shares of the company’s stock traded hands. NEXT has a 1-year low of $46.41 and a 1-year high of $64.43. The firm has a market capitalization of $7.01 billion and a P/E ratio of 8.49. The firm has a 50 day moving average of $49.15 and a 200 day moving average of $50.61.
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