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Shares of Microsoft (NASDAQ:MSFT) have earned an average recommendation of “Hold” from the twenty-six ratings firms that are currently covering the stock, AnalystRatings.Net reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $42.06.

Several analysts have recently commented on the stock. Analysts at Cowen and Company raised their price target on shares of Microsoft from $44.00 to $45.00 in a research note on Wednesday, July 23rd. They now have a “market perform” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Microsoft in a research note on Wednesday, July 23rd. They now have a $50.00 price target on the stock, up previously from $47.50. Finally, analysts at Deutsche Bank upgraded shares of Microsoft from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $47.00 price target on the stock, up previously from $35.00.

Microsoft (NASDAQ:MSFT) opened at 45.11 on Friday. Microsoft has a one year low of $30.95 and a one year high of $45.71. The stock’s 50-day moving average is $43.31 and its 200-day moving average is $40.46. The company has a market cap of $371.7 billion and a price-to-earnings ratio of 17.03. Microsoft also was the recipient of some unusual options trading activity on Monday. Stock traders bought 230,153 call options on the stock. This represents an increase of 147% compared to the typical daily volume of 93,198 call options.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.52 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.61 by $0.09. The company had revenue of $23.38 billion for the quarter, compared to the consensus estimate of $23.11 billion. During the same quarter last year, the company posted $0.59 earnings per share. Microsoft’s revenue was up 17.5% compared to the same quarter last year. On average, analysts predict that Microsoft will post $2.72 earnings per share for the current fiscal year.

In other Microsoft news, Director John Wendell Thompson acquired 23,194 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 5th. The shares were purchased at an average price of $43.12 per share, for a total transaction of $1,000,125.28. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.

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