Rosenblatt Securities analyst Bernie McTernan reiterated a Hold rating on MSG Networks (NYSE:MSGN) Inc on Sunday, setting a price target of $14, which is approximately 19.08% below the present share price of $17.3.
McTernan expects MSG Networks Inc to post earnings per share (EPS) of $0.61 for the first quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in MSG Networks, with an average price target of $15.
The analysts price targets range from a high of $20 to a low of $11.
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 $3.26 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 38.1% and a 79.45% 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.