MSG Rangers (NYSE:MSGR) Posts Quarterly Earnings Results

MSG Rangers (NYSE:MSGR) released its earnings results on Friday. The company reported ($1.39) earnings per share for the quarter, Zacks reports. The company had revenue of $14.09 million for the quarter.

MSG Rangers Price Performance

Shares of MSGR stock traded up $17.10 during trading on Friday, reaching $241.60. 167,389 shares of the company’s stock were exchanged, compared to its average volume of 314,831. MSG Rangers has a twelve month low of $176.00 and a twelve month high of $248.00.

Analysts Set New Price Targets

A number of brokerages have recently commented on MSGR. Guggenheim assumed coverage on shares of MSG Rangers in a research report on Wednesday, October 28th. They issued a “buy” rating and a $278.00 price objective for the company. Susquehanna initiated coverage on shares of MSG Rangers in a report on Wednesday, October 28th. They issued a “positive” rating and a $228.00 target price on the stock. Wolfe Research began coverage on shares of MSG Rangers in a report on Wednesday. They issued an “outperform” rating on the stock. BTIG Research assumed coverage on shares of MSG Rangers in a research note on Thursday, October 29th. They issued a “buy” rating and a $257.00 target price for the company. Finally, Wall Street Zen upgraded MSG Rangers to a “hold” rating in a report on Saturday. Four research analysts have rated the stock with a Buy rating. According to MarketBeat.com, MSG Rangers currently has an average rating of “Buy” and an average price target of $254.33.

MSG Rangers Company Profile

MSG Rangers Corp. is a professional sports company which owns and operates the New York Rangers as well as a development league team, the Hartford Wolf Pack. In addition, the Company operates a professional sports team performance center. MSG Rangers Corp. is based in NEW YORK.