The Weekly Analysts’ Ratings Updates for Morgan Stanley (MS)

The Weekly Analysts’ Ratings Updates for Morgan Stanley (MS)

Several brokerages have updated their recommendations and price targets on shares of Morgan Stanley (NYSE: MS) in the last few weeks:

Shares of Morgan Stanley (NYSE:MS) remained flat at $32.18 during trading on Wednesday. 1,388,638 shares of the stock traded hands. Morgan Stanley has a 12-month low of $21.16 and a 12-month high of $35.74. The company has a 50-day moving average price of $31.76 and a 200 day moving average price of $28.12. The stock has a market capitalization of $61.52 billion, a price-to-earnings ratio of 14.88 and a beta of 2.09.

Morgan Stanley (NYSE:MS) last posted its earnings results on Wednesday, July 20th. The financial services provider reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.16. Morgan Stanley had a return on equity of 6.41% and a net margin of 13.27%. The firm had revenue of $8.91 billion for the quarter, compared to analysts’ expectations of $8.30 billion. During the same period last year, the firm earned $0.79 EPS. The company’s quarterly revenue was down 8.6% on a year-over-year basis. On average, equities analysts expect that Morgan Stanley will post $2.50 earnings per share for the current year.

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