Morgan Stanley (MS) : Zacks Investment Research ranks Morgan Stanley (MS) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2, which indicates as a Buy.
Morgan Stanley (MS) : 12 Wall Street analysts covering Morgan Stanley (MS) believe that the average level the stock could reach for the short term is $33. The maximum price target given is $45 and the minimum target for short term is around $29, hence the standard deviation is calculated at $4.75.
Company shares have received an average consensus rating of Hold for the current week Morgan Stanley (NYSE:MS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.19 and $29.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.38, notching a gain of 0.93% for the day. The total traded volume was 8,741,090 . The stock had closed at $29.11 on the previous day.
In a related news, Nicolaisen Donald T, director of Morgan Stanley, unloaded 3,302 shares at an average price of $27.88 on August 2, 2016. The total amount of the transaction was worth $92,060, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.