Motorsport Games (MSGM) Receives a Hold from Noble Financial

Noble Financial analyst Michael Kupinski maintained a Hold rating on Motorsport Games (MSGMResearch Report) today. The company’s shares closed last Thursday at $1.33.

According to, Kupinski is a 4-star analyst with an average return of 11.9% and a 45.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Esports Entertainment Group, Beasley Broadcast Group, and Salem Communications.

Currently, the analyst consensus on Motorsport Games is a Hold with an average price target of $2.00, a 27.7% upside from current levels. In a report released today, Benchmark Co. also downgraded the stock to Hold.

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The company has a one-year high of $24.19 and a one-year low of $1.42. Currently, Motorsport Games has an average volume of 52K.

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Motorsport Games Inc is a racing game developer, publisher, and esports ecosystem provider of official motorsport racing series. Its operating segments are the gaming segment which includes the development and publishing of interactive racing video games, entertainment content, and services whereas, the esports segment consists of the organization and facilitation of esports tournaments, competitions, and events for its licensed racing games. The firm generates a majority of its revenue from the gaming segment.

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