Barclays analyst Manav Patnaik maintained a Hold rating on MSCI Inc (NYSE: MSCI) yesterday and set a price target of $165. The company’s shares closed yesterday at $147.29.
According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 10.9% and a 68.0% success rate. Patnaik covers the Services sector, focusing on stocks such as Laureate Education Inc, Dun & Bradstreet Corp, and Factset Research.
MSCI Inc has an analyst consensus of Moderate Buy, with a price target consensus of $173.
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Based on MSCI Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $117 million. In comparison, last year the company had a net profit of $85.15 million.
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MSCI, Inc. engages in the provision of decision support tools, including indices, portfolio risk and performance analytics and corporate governance products and services. The company operates through the following business segments: Index; Analytics; Environmental, Social, and Governance; and Real Estate.
