Rosenblatt Securities analyst Bernie McTernan maintained a Hold rating on MSG Networks (NYSE:MSGN) Inc on Tuesday, setting a price target of $11, which is approximately 9.39% below the present share price of $12.14.
McTernan expects MSG Networks Inc to post earnings per share (EPS) of $0.61 for the fourth quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in MSG Networks, with an average price target of $10.
The analysts price targets range from a high of $10 to a low of $10.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $157.36 million and a net profit of $67.94 million. The company's market cap is $2.34 billion.
According to TipRanks.com, Rosenblatt Securities analyst Bernie McTernan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.1% and a 73.77% success rate.
MSG Networks, Inc. is a holding company, which engages in the sports production, and content development and distribution. It operates two regional sports and entertainment networks, MSG Network (MSGN) and MSG+, collectively MSG Networks. The company was founded on July 29, 2009 and is headquartered in New York, NY.