Morgan Stanley (NYSE:MS) Stock Price Expected to Rise, Barclays Analyst Says

Morgan Stanley (NYSE:MS) had its target price lifted by analysts at Barclays from $155.00 to $156.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price target indicates a potential upside of 13.22% from the company’s current price.

MS has been the topic of a number of other reports. Wells Fargo & Company raised Morgan Stanley from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $107.00 to $142.00 in a research note on Friday, November 15th. Evercore ISI boosted their target price on shares of Morgan Stanley from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday. Keefe, Bruyette & Woods raised their price target on Morgan Stanley from $138.00 to $145.00 and gave the company a “market perform” rating in a research report on Friday. Hsbc Global Res downgraded Morgan Stanley from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, UBS Group lifted their price target on Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $129.40.

Morgan Stanley Stock Performance

Shares of Morgan Stanley stock opened at $137.78 on Friday. The business has a fifty day simple moving average of $129.05 and a 200-day simple moving average of $113.58. The stock has a market cap of $221.97 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 0.97 and a beta of 1.36. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 3.14. Morgan Stanley has a 12 month low of $83.09 and a 12 month high of $138.08.

Morgan Stanley (NYSE:MS) last announced its quarterly earnings data on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.31. Morgan Stanley had a return on equity of 12.58% and a net margin of 10.64%. The business had revenue of $15.38 billion during the quarter, compared to analyst estimates of $14.27 billion. On average, sell-side analysts anticipate that Morgan Stanley will post 7.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MS. Perfromance Wealth Partners LLC lifted its position in shares of Morgan Stanley by 2.7% during the 4th quarter. Perfromance Wealth Partners LLC now owns 3,004 shares of the financial services provider’s stock worth $378,000 after buying an additional 78 shares during the period. Sivia Capital Partners LLC raised its stake in Morgan Stanley by 3.3% during the fourth quarter. Sivia Capital Partners LLC now owns 2,748 shares of the financial services provider’s stock worth $346,000 after acquiring an additional 87 shares in the last quarter. Cardinal Point Capital Management ULC lifted its holdings in shares of Morgan Stanley by 3.5% during the fourth quarter. Cardinal Point Capital Management ULC now owns 2,697 shares of the financial services provider’s stock valued at $339,000 after acquiring an additional 90 shares during the period. Mason & Associates Inc lifted its holdings in shares of Morgan Stanley by 2.9% during the fourth quarter. Mason & Associates Inc now owns 3,177 shares of the financial services provider’s stock valued at $399,000 after acquiring an additional 90 shares during the period. Finally, Bank of New Hampshire boosted its stake in shares of Morgan Stanley by 1.5% in the 4th quarter. Bank of New Hampshire now owns 6,313 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 84.19% of the company’s stock.

About Morgan Stanley

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.