Raymond James Assigns a Hold Rating on MSCI (MSCI)


Raymond James analyst Patrick O’Shaughnessy assigned a Hold rating to MSCI (MSCI) today. The company’s shares closed last Tuesday at $356.90.

According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 11.4% and a 70.6% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Intercontinental Exchange, and Focus Financial Partners.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MSCI with a $391.67 average price target, a 12.0% upside from current levels. In a report issued on October 20, Morgan Stanley also maintained a Hold rating on the stock with a $384.00 price target.

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MSCI’s market cap is currently $29.32B and has a P/E ratio of 57.20. The company has a Price to Book ratio of -13.85.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MSCI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MSCI, Inc. engages in the provision of investment 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 (ESG); and Real Estate. The Index segment involves in the index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation. The Analytics segment offers risk management, performance attribution and portfolio management content, applications and services. The ESG segment offers products and services that help institutional investors understand how ESG factors can impact the long-term risk of investments. The Real Estate segment includes research, reporting, market data and benchmarking offerings that provide real estate performance analysis for funds, investors and managers.. The company was founded by Andrew Thomas Rudd in 1998 and is headquartered in New York, NY.

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