MSC Industrial Direct Co (MSM, Financial) has recently been upgraded by JP Morgan, reflecting a positive shift in the company's stock rating and price target. Analyst Patrick Baumann has upgraded MSM from a "Neutral" rating to an "Overweight" status.
The upgrade comes alongside a notable increase in the stock's price target. The new price target for MSM is set at $89.00, a significant rise from the previous target of $73.00, marking a 21.92% increase. This adjustment highlights growing confidence in the company's market performance.
The changes took effect on May 27, 2025, showcasing JP Morgan's optimistic outlook for MSC Industrial Direct Co (MSM, Financial) as it continues to navigate the market landscape. The stock, trading on the NYSE, remains under close watch from investors and analysts alike.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for MSC Industrial Direct Co Inc (MSM, Financial) is $79.67 with a high estimate of $88.00 and a low estimate of $73.00. The average target implies an upside of 1.25% from the current price of $78.68. More detailed estimate data can be found on the MSC Industrial Direct Co Inc (MSM) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, MSC Industrial Direct Co Inc's (MSM, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MSC Industrial Direct Co Inc (MSM, Financial) in one year is $87.45, suggesting a upside of 11.15% from the current price of $78.68. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MSC Industrial Direct Co Inc (MSM) Summary page.
