Morgan Stanley (MS): Price Target and June Short Interest Disclosure

Morgan Stanley (MS) : The highest short term price target forecast on Morgan Stanley (MS) is $45 and the lowest target price is $27. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $33.09 with a standard deviation of $5.13.

Morgan Stanley (MS), A reduction of 1,321,544 shares or 8.3% was observed in the short interest of Morgan Stanley The interest on June 30,2016 came in at 14,530,637 shares and as per the average daily trading of 20,576,958 shares, the days to cover are 1. The reduced interest is 1% of the floated shares. The data of June 15,2016 put the interest at 15,852,181 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Major Brokerage house, Keefe Bruyette & Woods maintains its ratings on Morgan Stanley (NYSE:MS). In the latest research report, Keefe Bruyette & Woods lowers the target price from $31 per share to $30 per share. According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. The rating by the firm was issued on April 19, 2016.


Morgan Stanley (NYSE:MS): stock turned positive on Thursday. Though the stock opened at $27.8, the bulls momentum made the stock top out at $28.08 level for the day. The stock recorded a low of $27.66 and closed the trading day at $28, in the green by 3.09%. The total traded volume for the day was 15,436,585. The stock had closed at $27.16 in the previous days trading.

Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company provides a variety of products and financial services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The Companys operating segments include Institutional Securities, Wealth Management and Investment Management. The Companys Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16,076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management, Alternative Investments, Merchant Banking and Real Estate Investing activities and offers clients an array of equity, fixed income, alternative investments, real estate and merchant banking strategies.

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