JPMorgan Chase & Co. Issues Positive Forecast for Morgan Stanley (NYSE:MS) Stock Price

Morgan Stanley (NYSE:MS) had its price objective lifted by JPMorgan Chase & Co. from $104.00 to $108.00 in a research report report published on Monday morning,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the financial services provider’s stock.

Several other equities research analysts have also issued reports on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Morgan Stanley from $121.00 to $138.00 and gave the stock a “market perform” rating in a research report on Tuesday, December 3rd. The Goldman Sachs Group increased their price target on Morgan Stanley from $106.00 to $121.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Jefferies Financial Group boosted their price objective on Morgan Stanley from $120.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, October 17th. UBS Group upped their target price on Morgan Stanley from $102.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 8th. Finally, HSBC downgraded Morgan Stanley from a “buy” rating to a “hold” rating and raised their target price for the company from $128.00 to $131.00 in a report on Tuesday, November 26th. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $126.07.

Morgan Stanley Price Performance

MS stock opened at $131.08 on Monday. The company has a market cap of $211.17 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.18 and a beta of 1.36. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 3.14. The stock has a 50-day moving average price of $128.74 and a two-hundred day moving average price of $113.02. Morgan Stanley has a 12-month low of $83.09 and a 12-month high of $136.24.

Morgan Stanley (NYSE:MS) last posted its earnings results on Wednesday, October 16th. The financial services provider reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.31. Morgan Stanley had a net margin of 10.64% and a return on equity of 12.58%. The firm had revenue of $15.38 billion during the quarter, compared to the consensus estimate of $14.27 billion. As a group, research analysts predict that Morgan Stanley will post 7.33 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in MS. Peoples Bank KS acquired a new stake in shares of Morgan Stanley in the 4th quarter valued at about $25,000. Northwest Investment Counselors LLC bought a new stake in Morgan Stanley in the third quarter valued at about $26,000. Rakuten Securities Inc. raised its stake in Morgan Stanley by 138.1% during the third quarter. Rakuten Securities Inc. now owns 300 shares of the financial services provider’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Morgan Stanley during the 3rd quarter worth approximately $36,000. Finally, Planning Capital Management Corp grew its position in shares of Morgan Stanley by 115.1% in the 3rd quarter. Planning Capital Management Corp now owns 357 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 191 shares in the last quarter. 84.19% of the stock is currently owned by institutional investors.

Morgan Stanley Company Profile

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.