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MSC Industrial Direct Co

MSMNYSE
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$81.95
00.00%
Pre-Market: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$110.00
Lowest Price Target1
$75.00
Consensus Price Target1
$87.67

MSC Industrial Direct Co (NYSE:MSM) Stock, Analyst Ratings, Price Targets, Forecasts

MSC Industrial Direct Co Inc has a consensus price target of $87.67 based on the ratings of 8 analysts. The high is $110 issued by Stephens & Co. on June 14, 2024. The low is $75 issued by Loop Capital on July 3, 2024. The 3 most-recent analyst ratings were released by Loop Capital, JP Morgan, and Loop Capital on July 3, 2024, July 3, 2024, and June 17, 2024, respectively. With an average price target of $78.33 between Loop Capital, JP Morgan, and Loop Capital, there's an implied -4.41% downside for MSC Industrial Direct Co Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Apr
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May
1
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Jun
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Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Loop Capital
JP Morgan
Stephens & Co.
Baird
Jefferies

1calculated from analyst ratings

Analyst Ratings for MSC Industrial Direct Co

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FAQ

Q

What is the target price for MSC Industrial Direct Co (MSM) stock?

A

The latest price target for MSC Industrial Direct Co (NYSE:MSM) was reported by Loop Capital on July 3, 2024. The analyst firm set a price target for $75.00 expecting MSM to fall to within 12 months (a possible -8.48% downside). 10 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for MSC Industrial Direct Co (MSM)?

A

The latest analyst rating for MSC Industrial Direct Co (NYSE:MSM) was provided by Loop Capital, and MSC Industrial Direct Co maintained their hold rating.

Q

When was the last upgrade for MSC Industrial Direct Co (MSM)?

A

The last upgrade for MSC Industrial Direct Co Inc happened on October 9, 2023 when Loop Capital raised their price target to $124. Loop Capital previously had a hold for MSC Industrial Direct Co Inc.

Q

When was the last downgrade for MSC Industrial Direct Co (MSM)?

A

The last downgrade for MSC Industrial Direct Co Inc happened on June 17, 2024 when Loop Capital changed their price target from N/A to $80 for MSC Industrial Direct Co Inc.

Q

When is the next analyst rating going to be posted or updated for MSC Industrial Direct Co (MSM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MSC Industrial Direct Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MSC Industrial Direct Co was filed on July 3, 2024 so you should expect the next rating to be made available sometime around July 3, 2025.

Q

Is the Analyst Rating MSC Industrial Direct Co (MSM) correct?

A

While ratings are subjective and will change, the latest MSC Industrial Direct Co (MSM) rating was a maintained with a price target of $80.00 to $75.00. The current price MSC Industrial Direct Co (MSM) is trading at is $81.95, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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