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Madison Square Garden Co (NYSE:MSG) stock price target raised to $185.00, reported today by Jefferies Group

Madison Square Garden Co (NYSE:MSG) had its target price increased to $185 by Jefferies Group in a report issued 8/22/2016. The new target price suggests a possible no upside the bussiness’ most recent closing price.

Previously on Wednesday May 4 2016, FBN Securities released a statement on Madison Square Garden Co(NYSE:MSG) bumped the target price from $0.00 to $240.77 that suggested an upside of 0.50%.

Only yesterday Madison Square Garden Co (NYSE:MSG) traded 1.47% lower at $184.19. MSG’s 50-day average is $181.66 and its two hundred day moving average is $170.23. With the last stock close up 0.66% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the date range. Volume of trade was was up over the average, with 383,153 shares of MSG changing hands over the typical 129,664 shares..

See Graphic Below:

Madison Square Garden Co (NYSE:MSG)

Madison Square Garden Co has a 52 week low of $139.10 and a 52 week high of $188.80. The company’s market cap is currently $0.0.

A total of 11 brokerages have reported on Madison Square Garden Co. Four firms rate the company a strong buy, three analysts rate the stock a buy, three firms rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a consensus target stock price of $200.52

About Madison Square Garden Co (NYSE:MSG)

The Madison Square Garden Company is a holding company, which is engaged in live experiences consisting of celebrated venues, sports teams, and entertainment productions. The Company operates in two segments, which include MSG Entertainment and MSG Sports. The MSG Sports segment includes the Company’s professional sports franchises, which include the New York Knicks (the Knicks) of the National Basketball Association (the NBA), the New York Rangers (the Rangers) of the National Hockey League (the NHL), the New York Liberty (the Liberty) of the Women’s National Basketball Association (the WNBA), the Hartford Wolf Pack of the American Hockey League (the AHL), which is the primary player development team for the Rangers, and the Westchester Knicks, an NBA Development League team. The MSG Entertainment segment includes the Company’s live entertainment events. The Company presents or hosts live entertainment events, including concerts, family shows, and performing arts and special events.

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