Morgan Stanley (MS) : The consensus on Morgan Stanley (MS) based on 15 analyst recommendation on the company stock is 2, 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. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Morgan Stanley (MS) : Average target price received by Morgan Stanley (MS) is $34.44 with an expected standard deviation of $5.55. The most aggressive target on the stock is $45, whereas the most downbeat target is $29. 9 financial analysts are currently covering the stock.
Also, Equity Analysts at the Brokerage Firm, Argus Research, maintains their rating on the shares of Morgan Stanley (NYSE:MS). Argus Research has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $36 per share from a prior target of $32. The rating by the firm was issued on August 17, 2016.
Morgan Stanley (NYSE:MS): After opening at $31.55, the stock dipped to an intraday low of $31.5 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.14 and the buying power remained strong till the end. The stock closed at $31.95 for the day, a gain of 1.24% for the day session. The total traded volume was 10,056,469. The stocks close on the previous trading day was $31.56.
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.