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A statement released earlier today by Credit Suisse Group AG about MSC Industrial Direct Co Inc (NYSE:MSM) bumps the target price to $65.00

Boasting a price of $73.93, MSC Industrial Direct Co Inc (NYSE:MSM) traded 2.47% lower on the day. With the last stock price up 2.67% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time. MSC Industrial Direct Co Inc has registered a 50-day average of $73.03 and 200-day moving average of $73.45. 760,097 shares of MSC Industrial Direct Co Inc traded hands, up from ann avg. trading volume of 571,245

Credit Suisse Group AG bumped the target price of MSC Industrial Direct Co Inc (NYSE:MSM) to $65, indicating a possible downside of -0.12%,

On Friday August 19 2016, Credit Suisse reported about MSC Industrial Direct Co Inc(NYSE:MSM) bumped the target price from $0.00 to $65.00 that suggested a downside of -0.12%.

Performance Chart:

MSC Industrial Direct Co Inc (NYSE:MSM)

A total of 7 equity analysts have released a report on MSM. Zero rate the company a strong buy, three firms rate the company a buy, 11 firms rate the company a hold, three firms rate the stock to underperform, and finally 0 analystsrate the company as sell with a one year target price of $73.43

MSC Industrial Direct Co Inc has a price-earnings of 19 with a 52 week low of $54.19 and a one-year high of $78.35 and has a total market value of $0.0.

General Company Details For MSC Industrial Direct Co Inc (NYSE:MSM)

MSC Industrial Direct Co., Inc. (MSC) is direct marketers and distributors of a range of metalworking and maintenance, repair and operations (MRO) products to customers throughout the United States. The Company operates primarily in the United States, with customers in all 50 states, through a network of five customer fulfillment centers (four customer fulfillment centers are located within the United States and one is located in the United Kingdom and 106 branch offices (104 branches are located within the United States, and one is located in the United Kingdom and the other is located in Mexico). Its products represent a range of MRO products that include cutting tools; measuring instruments; tooling components; metalworking products; fasteners; flat stock; raw materials; abrasives; machinery hand and power tools; safety and janitorial supplies; plumbing supplies; materials handling products; power transmission components and electrical supplies.

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