Morgan Stanley Maintains Msci Inc to Equalweight with Price Target $85.00

Brokerage firm Morgan Stanley Maintains its rating on Msci Inc(NYSE:MSCI). In a research note issued to the investors, the brokerage major Raises the price-target to $85.00 per share. The shares have been rated Equalweight. The rating by Morgan Stanley was issued on Aug 1, 2016.

In a different note, On Jul 29, 2016, UBS said it Maintains its rating on Msci Inc. In the research note, the firm Raises the price-target to $86.00 per share. The shares have been rated ‘Buy’ by the firm. Credit Suisse said it Initiates Coverage on Msci Inc, according to a research note issued on Jul 11, 2016. The shares have been rated ‘Outperform’ by the firm.

Msci Inc (MSCI) shares turned negative on Mondays trading session with the shares closing down -0.71 points or -0.82% at a volume of 2,50,641. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $87.11. The peak price level was also seen at $87.11 while the days lowest was $85.98. Finally the shares closed at $86.11. The 52-week high of the shares is $87.11 while the 52-week low is $56.87. According to the latest information available, the market cap of the company is $8,148 M.

Msci Inc(MSCI) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $290.60M. Analysts had an estimated revenue of $286.46M. Earnings per share were $0.77. Analysts had estimated an EPS of $0.72.

Several Insider Transactions has been reported to the SEC. On May 23, 2016, Cd Baer Pettit (Chief Operating Officer) sold 20,106 shares at $75.94 per share price.Also, On May 19, 2016, Richard J Napolitano (Principal Accounting Officer) sold 3,753 shares at $75.08 per share price.

MSCI Inc. together with its wholly owned subsidiaries is a provider of investment decision support tools including indexes portfolio risk and performance analytics and multi-asset class market risk analytics products and services. The Company’s products include global equity indexes and environmental social and governance (ESG) products marketed under the MSCI and MSCI ESG Research brands its private real estate benchmarks marketed under the IPD brand its portfolio risk and performance analytics covering global equity markets marketed under the Barra brand its multi-asset class market and credit risk analytics marketed under the RiskMetrics and Barra brands and its performance reporting products and services offered to the investment consultant community marketed under the InvestorForce brand.

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