Fintel reports that on October 2, 2024, Evercore ISI Group initiated coverage of MSCI (XTRA:3HM) with a Outperform recommendation.
Analyst Price Forecast Suggests 5.11% Upside
As of September 25, 2024, the average one-year price target for MSCI is 545,29 €/share. The forecasts range from a low of 452,75 € to a high of 658,95 €. The average price target represents an increase of 5.11% from its latest reported closing price of 518,80 € / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for MSCI is 2,805MM, an increase of 3.76%. The projected annual non-GAAP EPS is 15.16.
What is the Fund Sentiment?
There are 1,885 funds or institutions reporting positions in MSCI. This is an increase of 16 owner(s) or 0.86% in the last quarter. Average portfolio weight of all funds dedicated to 3HM is 0.34%, an increase of 7.45%. Total shares owned by institutions increased in the last three months by 1.34% to 86,501K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,380K shares representing 3.03% ownership of the company. In its prior filing, the firm reported owning 2,364K shares , representing an increase of 0.71%. The firm decreased its portfolio allocation in 3HM by 15.82% over the last quarter.
Bamco holds 2,215K shares representing 2.82% ownership of the company. In its prior filing, the firm reported owning 2,254K shares , representing a decrease of 1.74%. The firm decreased its portfolio allocation in 3HM by 9.22% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 2,033K shares representing 2.59% ownership of the company. In its prior filing, the firm reported owning 1,993K shares , representing an increase of 1.97%. The firm decreased its portfolio allocation in 3HM by 17.00% over the last quarter.
Edgewood Management holds 1,877K shares representing 2.39% ownership of the company. In its prior filing, the firm reported owning 1,561K shares , representing an increase of 16.87%. The firm increased its portfolio allocation in 3HM by 4.36% over the last quarter.
Geode Capital Management holds 1,849K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 1,795K shares , representing an increase of 2.90%. The firm decreased its portfolio allocation in 3HM by 56.13% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
