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Shares of MSC Industrial Direct Co Inc (Symbol: MSM) recently traded at $100.92, surpassing the average 12-month analyst target price of $100.83. This price movement raises the question of whether analysts will downgrade their evaluation or adjust their targets upward based on the company’s performance.
Within the Zacks coverage universe, there are six analyst targets for MSC Industrial: one with a low target of $89.00 and another with a high of $110.00. The standard deviation among these targets is $9.662, indicating varied expectations among analysts.
Currently, MSC Industrial has three strong buy ratings and six hold ratings, leading to an average analyst rating of 2.33 (on a scale where 1 is Strong Buy and 5 is Strong Sell). This data is sourced from Zacks Investment Research via Quandl.com.
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