Madison Square Garden Co (NYSE:MSG) target price lowered to $150.00, reported today by Albert Fried
- Updated: October 2, 2016
In a report released on 09/28/2016 Albert Fried reduced the stock price target of Madison Square Garden Co (NYSE:MSG) from $170.00 to $150.00 indicating a possible downside of -0.11%.
Previously on 8/22/2016, Jefferies Group reported on Madison Square Garden Co (NYSE:MSG) increased the target price from $0.00 to $185.00. At the time, this indicated a possible upside of 0.00%.
Only yesterday Madison Square Garden Co (NYSE:MSG) traded 1.38% higher at $168.56. MSG’s 50-day average is $177.46 and its 200-day moving average is $170.85. The last closing price is down -0.84% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was up over the average, with 168,005 shares of MSG changing hands over the typical 119,633
With a total market value of $0, Madison Square Garden Co has with a one year low of $139.10 and a one year high of $188.80 .
A total of 11 equity analysts have released a research note on MSG. Four equity analysts rating the company a strong buy, three equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $200.52.
More 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, performing arts and special events.
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