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Zacks Investment Research downgraded MSC Industrial Direct Co Inc (NYSE:MSM) to Sell in a report released today.

Zacks Investment Research has downgraded MSC Industrial Direct Co Inc(NYSE:MSM) to Sell in a report released on Tuesday September 20 2016.

Previously on 8/26/2016, Macquarie Research released a statement for MSC Industrial Direct Co Inc(NYSE:MSM) upped the target price from $0.00 to $80.00 that indicated a possible upside of 0.09%.

Just yesterday MSC Industrial Direct Co Inc (NYSE:MSM) traded 0.56% higher at $71.89. The company’s 50-day moving average is $73.09 and its 200-day moving average is $73.51. With the last close down 2.21% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. 476,379 shares of MSC Industrial Direct Co Inc exchanged hands, down from ann average trading volume of 574,252.

Recent Performance Graphic:

MSC Industrial Direct Co Inc (NYSE:MSM)

MSC Industrial Direct Co Inc has a 52 week low of $54.19 and a one-year high of $78.35 with a P/E ratio of 19. The company’s total market value is currently $0.0.

A total of 7 brokerages have issued a report on MSC Industrial Direct Co Inc. Zero rate the company a strong buy, three analysts rate the company a buy, 11 firms rate the stock a hold, three brokerages rate the company to underperform, and finally 0 firmsrate the stock as sell with a consensus target stock price of $73.43

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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