Msci (MSCI) Price Target Lowered to $159.00 at Morgan Stanley

Msci (NYSE:MSCI) had its price objective reduced by Morgan Stanley from $172.00 to $159.00 in a research note issued to investors on Tuesday morning. They currently have an equal weight rating on the technology company’s stock.

Several other analysts have also weighed in on the company. Zacks Investment Research reissued a hold rating on shares of Msci in a report on Wednesday, November 14th. Barclays lowered their price objective on Msci from $175.00 to $165.00 and set an overweight rating for the company in a report on Monday, January 7th. Finally, BMO Capital Markets lowered their price objective on Msci from $180.00 to $178.00 and set a buy rating for the company in a report on Monday, November 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company’s stock. Msci presently has an average rating of Buy and a consensus target price of $178.50.

Shares of NYSE MSCI opened at $154.83 on Tuesday. Msci has a 1 year low of $131.26 and a 1 year high of $184.22. The stock has a market cap of $13.36 billion, a PE ratio of 38.90, a price-to-earnings-growth ratio of 2.55 and a beta of 1.05. The company has a debt-to-equity ratio of 6.80, a quick ratio of 2.75 and a current ratio of 2.75.

Msci (NYSE:MSCI) last announced its earnings results on Thursday, November 1st. The technology company reported $1.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.06. Msci had a return on equity of 121.45% and a net margin of 29.87%. The business had revenue of $357.90 million for the quarter, compared to analyst estimates of $359.91 million. During the same period in the previous year, the company earned $1.00 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities research analysts anticipate that Msci will post 5.28 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the stock. Commerce Bank increased its holdings in Msci by 10.2% in the third quarter. Commerce Bank now owns 3,770 shares of the technology company’s stock valued at $669,000 after buying an additional 349 shares during the last quarter. Castleark Management LLC grew its holdings in shares of Msci by 11.2% during the third quarter. Castleark Management LLC now owns 3,770 shares of the technology company’s stock valued at $669,000 after purchasing an additional 380 shares during the last quarter. Baldwin Brothers Inc. MA grew its holdings in shares of Msci by 3.0% during the third quarter. Baldwin Brothers Inc. MA now owns 13,135 shares of the technology company’s stock valued at $2,330,000 after purchasing an additional 385 shares during the last quarter. Logan Capital Management Inc. grew its holdings in shares of Msci by 3.8% during the third quarter. Logan Capital Management Inc. now owns 11,028 shares of the technology company’s stock valued at $1,957,000 after purchasing an additional 404 shares during the last quarter. Finally, Accuvest Global Advisors grew its holdings in shares of Msci by 16.9% during the third quarter. Accuvest Global Advisors now owns 2,914 shares of the technology company’s stock valued at $517,000 after purchasing an additional 421 shares during the last quarter. 92.14% of the stock is owned by hedge funds and other institutional investors.

About Msci

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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