It’s been a crucial week for Madison Square Garden Co (NYSE:MSG); here’s what analysts have to say.

July 17, 2017 - By Vivian Park

 It's been a crucial week for Madison Square Garden Co (NYSE:MSG); here's what analysts have to say.

Madison Square Garden Co (NYSE:MSG) Ratings Coverage

Among 7 analysts covering The Madison Square Garden (NYSE:MSG), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. The Madison Square Garden had 12 analyst reports since August 21, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Albert Fried on Tuesday, November 3. Stifel Nicolaus upgraded Madison Square Garden Co (NYSE:MSG) on Wednesday, September 30 to “Buy” rating. The firm has “Overweight” rating given on Wednesday, August 26 by Albert Fried. Macquarie Research initiated the shares of MSG in report on Monday, November 2 with “Neutral” rating. The firm has “Overweight” rating by JP Morgan given on Thursday, April 20. Stifel Nicolaus downgraded the shares of MSG in report on Wednesday, September 16 to “Hold” rating. Jefferies initiated Madison Square Garden Co (NYSE:MSG) rating on Thursday, October 1. Jefferies has “Hold” rating and $20 target. The firm has “Buy” rating by Guggenheim given on Friday, December 11. The stock has “Overweight” rating by JP Morgan on Thursday, October 1. The stock has “Hold” rating by Jefferies on Monday, August 22. Below is a list of Madison Square Garden Co (NYSE:MSG) latest ratings and price target changes.

20/04/2017 Broker: JP Morgan Rating: Overweight New Target: $245.00 Reinitiate
30/01/2017 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Overweight Upgrade

The stock increased 0.91% or $1.79 on July 17, reaching $198.25. About 109,885 shares traded. Madison Square Garden Co (NYSE:MSG) has risen 21.47% since July 17, 2016 and is uptrending. It has outperformed by 4.77% the S&P500.

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 has market cap of $4.70 billion. The Firm operates in two divisions, which include MSG Entertainment and MSG Sports. It currently has negative earnings. The MSG Sports segment includes the Company’s professional sports franchises, which include the New York 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.

More notable recent Madison Square Garden Co (NYSE:MSG) news were published by: Therealdeal.com which released: “Tao Group execs take stake in Stewart Hotel near MSG” on July 14, 2017, also Thestreet.com with their article: “Peltz ‘Raises the Execution Bar’ at P&G, Jefferies Says” published on July 17, 2017, Nydailynews.com published: “Bob Wolff, legendary sports broadcaster, dies at 96” on July 16, 2017. More interesting news about Madison Square Garden Co (NYSE:MSG) were released by: Nasdaq.com and their article: “The Madison Square Garden Company and Prudential Center Announce Booking and …” published on July 11, 2017 as well as Forbes.com‘s news article titled: “Phil Jackson Is Gone From The Knicks But MSG Still Has The Dolans” with publication date: June 28, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: