MSCI (MSCI) Scheduled to Post Quarterly Earnings on Tuesday

MSCI (NYSE:MSCI) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $3.75 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

MSCI Price Performance

MSCI stock opened at $588.72 on Friday. The stock has a market capitalization of $46.64 billion, a PE ratio of 40.19, a price-to-earnings-growth ratio of 3.17 and a beta of 1.11. The business has a 50 day simple moving average of $578.79 and a 200-day simple moving average of $528.48. MSCI has a 12 month low of $439.95 and a 12 month high of $617.39.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on MSCI shares. Royal Bank of Canada reissued an “outperform” rating and issued a $638.00 price target on shares of MSCI in a report on Wednesday, July 24th. Barclays boosted their target price on shares of MSCI from $650.00 to $700.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Wells Fargo & Company raised their price target on shares of MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research note on Friday, October 11th. The Goldman Sachs Group boosted their price objective on MSCI from $526.00 to $590.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 24th. Finally, Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 target price on the stock in a research report on Wednesday, October 9th. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $615.23.

MSCI Company Profile

MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.