MSG Rangers (NYSE:MSGR) Coverage Initiated by Analysts at Zacks Research

Zacks Research initiated coverage on shares of MSG Rangers (NYSE:MSGR) in a research note issued to investors on Tuesday,Zacks reports. The brokerage issued a hold rating on the stock.

A number of other research firms have also issued reports on MSGR. Wolfe Research assumed coverage on shares of MSG Rangers in a research report on Wednesday, November 4th. They set an “outperform” rating for the company. BTIG Research assumed coverage on MSG Rangers in a research report on Thursday, October 29th. They issued a “buy” rating and a $257.00 target price on the stock. Susquehanna began coverage on MSG Rangers in a research report on Wednesday, October 28th. They set a “positive” rating and a $228.00 price objective for the company. Guggenheim assumed coverage on MSG Rangers in a research report on Wednesday, October 28th. They set a “buy” rating and a $278.00 price objective for the company. Finally, Wall Street Zen upgraded shares of MSG Rangers to a “hold” rating in a report on Saturday, November 7th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, MSG Rangers presently has an average rating of “Moderate Buy” and an average price target of $254.33.

MSG Rangers Trading Up 0.4%

Shares of NYSE:MSGR opened at $231.46 on Tuesday. The stock has a market cap of $2.80 billion and a P/E ratio of -166.52. MSG Rangers has a 1 year low of $176.00 and a 1 year high of $249.35.

MSG Rangers (NYSE:MSGR) last posted its quarterly earnings data on Friday, November 6th. The company reported ($1.39) earnings per share for the quarter. The business had revenue of $14.09 million during the quarter. On average, analysts expect that MSG Rangers will post -3.58 earnings per share for the current fiscal year.

MSG Rangers Company Profile

MSG Rangers Corp. is a professional sports company which owns and operates the New York Rangers as well as a development league team, the Hartford Wolf Pack. In addition, the Company operates a professional sports team performance center. MSG Rangers Corp. is based in NEW YORK.