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Analysts Offer Insights on Technology Companies: Cogent Comms (CCOI), MSCI (MSCI) and Enthusiast Gaming Holdings (EGLX)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Cogent Comms (CCOIResearch Report), MSCI (MSCIResearch Report) and Enthusiast Gaming Holdings (EGLXResearch Report) with bullish sentiments.

Cogent Comms (CCOI)

RBC Capital analyst Bora Lee maintained a Buy rating on Cogent Comms on August 12 and set a price target of $64.00. The company’s shares closed last Tuesday at $61.42.

According to TipRanks.com, Lee is ranked #6816 out of 8050 analysts.

Cogent Comms has an analyst consensus of Moderate Buy, with a price target consensus of $65.40, which is a 7.3% upside from current levels. In a report issued on August 5, Credit Suisse also maintained a Buy rating on the stock with a $74.00 price target.

See the top stocks recommended by analysts >>

MSCI (MSCI)

RBC Capital analyst Ashish Sabadra maintained a Buy rating on MSCI on August 12 and set a price target of $520.00. The company’s shares closed last Tuesday at $503.62.

According to TipRanks.com, Sabadra is a 4-star analyst with an average return of 5.0% and a 54.7% success rate. Sabadra covers the Services sector, focusing on stocks such as HireRight Holdings Corp, ARAMARK Holdings, and First Advantage.

MSCI has an analyst consensus of Moderate Buy, with a price target consensus of $514.57, a 2.5% upside from current levels. In a report issued on July 29, UBS also maintained a Buy rating on the stock with a $546.00 price target.

Enthusiast Gaming Holdings (EGLX)

In a report issued on August 15, Drew Mcreynolds from RBC Capital maintained a Buy rating on Enthusiast Gaming Holdings, with a price target of C$6.00. The company’s shares closed last Tuesday at $1.70, close to its 52-week low of $1.55.

According to TipRanks.com, Mcreynolds is a 5-star analyst with an average return of 9.5% and a 59.0% success rate. Mcreynolds covers the Technology sector, focusing on stocks such as Rogers Communication, Shaw Communications, and Thomson Reuters.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Enthusiast Gaming Holdings with a $5.42 average price target, implying a 171.0% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $6.00 price target.

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