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A statement released earlier today by Gabelli about MSC Industrial (NYSE:MSM) ups the target price to $94.00

Showing a price of $75.71, MSC Industrial (NYSE:MSM) traded 1.71% higher on the day. With the last close down -6.18% from the two hundred day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. MSM has recorded a 50-day average of $72.24 and a two hundred day average of $80.69. Trading volume was down over the average, with 0 shares of MSM changing hands under the typical 634,126

In a report issued 10/13/2017 Gabelli upped the price target of MSC Industrial (NYSE:MSM) to $94.00 stating a potential upside of 0.24%.

Previously on 9/25/2017, Susquehanna released a statement on MSC Industrial (NYSE:MSM) upped the target price from $0.00 to $77.00. At the time, this indicated a possible upside of 0.04%.

Recent Performance Chart

MSC Industrial (NYSE:MSM)

MSC Industrial has 52 week low of $65.42 and a 52 week high of $105.70 with a PE ratio of 18.88 and has a market capitalization of $0.

A total of 7 analysts have released a research note on MSM. 0 brokerages rating the stock a strong buy, 3 firms rating the stock a buy, 11 firms rating the stock a hold, 3 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a one year target of $73.43.

Brief Synopsis About MSC Industrial (NYSE:MSM)

MSC Industrial Direct Co., Inc. is a North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. The Company's range of MRO products 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. The Company serves a range of customers throughout the United States, Canada and the United Kingdom, from individual machine shops, to manufacturing companies, to government agencies, such as the General Services Administration and the Department of Defense. The Company also serves durable and non-durable goods manufacturing, education and healthcare markets, among others. As of September 3, 2016, the Company had operated a network of 12 customer fulfillment centers.

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