Morgan Stanley (MS) : The consensus price target for Morgan Stanley (MS) is $33.46 for the short term with a standard deviation of $4.76. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $45, however, the pessimist price target for the company is $29.
Morgan Stanley (MS) has an average broker rating of 2, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Also, Brokerage firm Argus Research maintains its rating on Morgan Stanley (NYSE:MS). As per the latest information, the brokerage house raises the price target to $36 per share from a prior target of $32. The shares have been rated Buy. The rating by the firm was issued on August 17, 2016.
Morgan Stanley (NYSE:MS): The stock opened at $32.14 on Thursday but the bulls could not build on the opening and the stock topped out at $32.37 for the day. The stock traded down to $31.44 during the day, due to lack of any buying support eventually closed down at $31.91 with a loss of -0.47% for the day. The stock had closed at $32.06 on the previous day. The total traded volume was 11,986,456 shares.
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.