Shares of Madison Square Garden Entertainment Corp (MSGE, Financial) fell 7.96% in mid-day trading on Nov 8. The stock reached an intraday low of $38.73, before recovering slightly to $39.65, down from its previous close of $43.08. This places MSGE 10.17% below its 52-week high of $44.14 and 40.16% above its 52-week low of $28.29. Trading volume was 182,368 shares, 65.8% of the average daily volume of 277,327.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Madison Square Garden Entertainment Corp (MSGE, Financial) is $47.50 with a high estimate of $50.00 and a low estimate of $45.00. The average target implies an upside of 19.80% from the current price of $39.65. More detailed estimate data can be found on the Madison Square Garden Entertainment Corp (MSGE) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Madison Square Garden Entertainment Corp's (MSGE, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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