Morgan Stanley Increases Motorola Solutions (NYSE:MSI) Price Target to $505.00

Motorola Solutions (NYSE:MSI) had its price objective raised by stock analysts at Morgan Stanley from $495.00 to $505.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s price target points to a potential upside of 10.68% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Barclays boosted their target price on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Bank of America boosted their price objective on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on Motorola Solutions from $440.00 to $530.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Raymond James boosted their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Monday. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $506.13.

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $456.26 on Friday. The stock has a market capitalization of $76.25 billion, a P/E ratio of 50.27, a P/E/G ratio of 3.54 and a beta of 1.02. Motorola Solutions has a 1-year low of $318.20 and a 1-year high of $507.82. The company has a current ratio of 1.25, a quick ratio of 1.07 and a debt-to-equity ratio of 4.23. The business has a 50-day moving average price of $468.39 and a two-hundred day moving average price of $458.26.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. Equities analysts predict that Motorola Solutions will post 12.57 earnings per share for the current year.

Institutional Investors Weigh In On Motorola Solutions

Large investors have recently made changes to their positions in the stock. Synergy Asset Management LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $26,000. FSA Wealth Management LLC acquired a new stake in Motorola Solutions during the 3rd quarter valued at $29,000. First Command Advisory Services Inc. acquired a new stake in Motorola Solutions during the 4th quarter valued at $29,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Motorola Solutions during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.