Barclays (LON:BARC) analyst Manav Patnaik maintained a Buy rating on MSCI (NYSE:MSCI) Inc on Sunday, setting a price target of $360, which is approximately 8.80% above the present share price of $330.88.
Patnaik expects MSCI Inc to post earnings per share (EPS) of $1.75 for the second quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in MSCI, with an average price target of $322.
The analysts price targets range from a high of $360 to a low of $268.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $416.78 million and a net profit of $207.88 million. The company's market cap is $27.66 billion.
According to TipRanks.com, Barclays analyst Manav Patnaik is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.0% and a 73.63% success rate.
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.