The Madison Square Garden Compa (NYSE:MSG).
Guggenheim Securities added the stock to its research portfolio by announcing an initial rating of “Buy” and price target of $190.00. On November 3 the stock rating was downgraded to “Market Perform” from “Overweight” and a price target of $200.00 was set in a statement from Albert Fried & Co..
On November 3, 2015 Albert Fried & Co. maintained a price objective of $200.00 and downgraded the stock from Overweight to Market Perform. Equity analyst Macquarie starting coverage on the stock with a rating of “Neutral”.
On October 22, 2015 Morgan Stanley released its first research report on the stock giving it an initial rating of “Equal-weight” and setting a price target of $185.00.
The company is trading down by -0.44% since yesterday’s close of $170. Shares are trading at $169.25 a bit lower than the 50 day moving average which is $178.82 and which is marginally under the 200 day moving average of $170.87. The 50 day moving average was down by -5.26% whereas the 200 day average was down by -0.85%.
In the last earnings report the EPS was $-3.12 and is estimated to be $-0.37 for the current year with 24,069,000 shares outstanding. Next quarter’s EPS is expected be $1.66 with next year’s EPS projected to be $0.70.