Morgan Stanley Target of Unusually Large Options Trading (MS)
Morgan Stanley (NYSE:MS) saw unusually large options trading activity on Monday. Investors bought 17,326 put options on the stock, ARN reports. This is an increase of 197% compared to the average volume of 5,828 put options.
A number of analysts have recently weighed in on MS shares. Analysts at TheStreet reiterated a “hold” rating on shares of Morgan Stanley (NYSE:MS) in a research note to investors on Tuesday, September 17th. Separately, analysts at JMP Securities upgraded shares of Morgan Stanley (NYSE:MS) from a “market perform” rating to a “market outperform” rating in a research note to investors on Thursday, September 12th. They now have a $34.00 price target on the stock. Finally, analysts at UBS AG upgraded shares of Morgan Stanley (NYSE:MS) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, September 11th. They now have a $33.00 price target on the stock.
One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Morgan Stanley presently has an average rating of “Hold” and an average target price of $26.85.
Shares of Morgan Stanley (NYSE:MS) opened at 27.22 on Tuesday. Morgan Stanley has a 52-week low of $15.95 and a 52-week high of $29.50. The stock has a 50-day moving average of $27.02 and a 200-day moving average of $24.91. The company has a market cap of $53.311 billion and a price-to-earnings ratio of 42.20.
Morgan Stanley (NYSE:MS) last released its earnings data on Thursday, July 18th. The company reported $0.37 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.44 by $0.07. The company had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.93 billion. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. On average, analysts predict that Morgan Stanley will post $2.02 earnings per share for the current fiscal year.
Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.