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Analysts’ Opinions Are Mixed on These Communication Services Stocks: Madison Square Garden Sports (MSGS) and Quebecor (OtherQBCRF)

Tipranks - Fri Apr 10, 7:20PM CDT

Analysts have been eager to weigh in on the Communication Services sector with new ratings on Madison Square Garden Sports (MSGS) and Quebecor (QBCRF).

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Madison Square Garden Sports (MSGS)

Madison Square Garden Sports received a Buy rating and a $430.00 price target from Seaport Global analyst David Joyce yesterday. The company’s shares closed last Thursday at $322.20.

According to TipRanks.com, Joyce is a 5-star analyst with an average return of 15.1% and a 63.2% success rate. Joyce covers the NA sector, focusing on stocks such as Live Nation Entertainment, GCI Liberty, Inc. Class A, and GCI Liberty, Inc. Class C. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Madison Square Garden Sports with a $355.00 average price target, implying an 8.1% upside from current levels. In a report released yesterday, Susquehanna also maintained a Buy rating on the stock with a $388.00 price target.

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Quebecor (QBCRF)

RBC Capital analyst Drew Mcreynolds maintained a Hold rating on Quebecor yesterday and set a price target of C$60.00. The company’s shares closed last Thursday at $40.07.

According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 3.3% and a 52.6% success rate. Mcreynolds covers the NA sector, focusing on stocks such as Cogeco Communications, Rogers Communication, and WildBrain. ;'>

Currently, the analyst consensus on Quebecor is a Moderate Buy with an average price target of $43.43.

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