Shares of Madison Square Garden Entertainment Corp (MSGE, Financial) surged 4.80% in mid-day trading on Dec 3. The stock reached an intraday high of $38.86, before settling at $38.33, up from its previous close of $36.57. This places MSGE 13.17% below its 52-week high of $44.14 and 27.75% above its 52-week low of $30.00. Trading volume was 238,315 shares, 68.8% of the average daily volume of 346,290.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Madison Square Garden Entertainment Corp (MSGE, Financial) is $45.86 with a high estimate of $48.00 and a low estimate of $42.00. The average target implies an upside of 19.65% from the current price of $38.33. 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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