Short Term Price Target on Morgan Stanley (MS)

Morgan Stanley (NYSE:MS) : Average target price received by Morgan Stanley (NYSE:MS) is $33.46 with an expected standard deviation of $5.26. The most aggressive target on the stock is $45, whereas the most downbeat target is $27. 11 financial analysts are currently covering the stock.

Morgan Stanley has lost 4.8% in the last five trading days and dropped 5.49% in the last 4 weeks. Morgan Stanley is up 2.32% in the last 3-month period. Year-to-Date the stock performance stands at -17.39%. Also, Keefe Bruyette & Woods maintains their rating on the shares of Morgan Stanley (NYSE:MS). The current rating of the shares is Market Perform. Equity Analysts at the Firm lowers the price target to $30 per share from $31 per share. The rating by the firm was issued on April 19, 2016.

Morgan Stanley (NYSE:MS) : The consensus on Morgan Stanley (NYSE:MS) based on 14 analyst recommendation on the company stock is 1.93, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Morgan Stanley (NYSE:MS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.34 and $25.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.98, notching a gain of 2.97% for the day. The total traded volume was 19,736,330 . The stock had closed at $25.23 on the previous day.

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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