Stocklytics Platform
Asset logo for symbol MSM
MSC Industrial Direct Co
MSM56
$82.87arrow_drop_up0.15%$0.12
Asset logo for symbol MSM
MSM56

$82.87

arrow_drop_up0.15%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

MSC Industrial Direct Co (MSM) Stocklytics Forecast

According to our analysis and prediction models, MSC Industrial Direct Co Inc (MSM) is expected to experience moderate growth in its stock price in the coming years. While we cannot provide an exact figure, we anticipate that MSM will continue to perform well based on various factors.
MSC Industrial Direct Co Inc is a leading distributor of industrial products to manufacturing companies. With a strong track record and a diversified customer base, the company is well-positioned for continued success. Its commitment to customer service and its ability to adapt to changing market dynamics have played a significant role in its growth and profitability.
Furthermore, the industrial sector as a whole is poised for growth in the coming years. As economies recover and manufacturing activity increases, demand for industrial products is expected to rise. MSC Industrial Direct Co Inc is likely to benefit from this trend, resulting in higher revenues and potentially driving the stock price higher.
While our analysis suggests positive trends for MSC Industrial Direct Co Inc (MSM), it is important to note that stock market predictions are inherently uncertain and subject to various risks and market conditions. Investors should conduct their own research and consider their individual investment goals before making any decisions. Analysts have also provided positive price targets for MSM, with several predicting a potential increase in the stock price over the next few years. This aligns with our forecast and further supports the notion that MSM could be a promising investment. However, it is always advisable to consult multiple sources and gather as much information as possible before making any investment decisions. Therefore, we recommend staying updated with the latest news and financial reports on MSC Industrial Direct Co Inc to make informed investment choices.
add MSC Industrial Direct Co  to watchlist

Keep an eye on MSC Industrial Direct Co

Adding the right stocks to your watchlist can provide valuable insights and opportunities for strategic decision-making.

Frequently Asked Questions

search
help

What is the analyst price prediction for MSC Industrial Direct Co (MSM) stock?

Analysts have set a target price of $97.73 for MSC Industrial Direct Co (MSM), based on forecasts from 22 analysts. The predicted price range extends from a high of $124 to a low of $80. This represents a potential increase of up to 49.63% and a decrease of -3.46% from the current price of $82.87. These forecasts are as of 2021 Apr 08.
help

What are the analyst ratings for MSC Industrial Direct Co (MSM) stock?

The analyst ratings for MSC Industrial Direct Co (MSM) are distributed as follows: 1 analysts recommend buying, 9 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 10 analysts leans towards a neutral rating. These ratings indicate the general sentiment among the analysts covering MSC Industrial Direct Co .
help

What is the AI price prediction for MSC Industrial Direct Co (MSM) stock?

At present, there is no AI or machine-learning-based price prediction available for MSC Industrial Direct Co (MSM) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

Take Your Investments to a Whole New Level