Morgan Stanley (NYSE:MS) has been assigned a $32.00 target price by JPMorgan Chase & Co. in a research note issued on Thursday. The firm presently has a a “buy” rating on the financial services provider’s stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 0.25% from the company’s current price.

MS has been the subject of several other reports. Vetr lowered Morgan Stanley from a “hold” rating to a “sell” rating and set a $25.26 price target for the company. in a research report on Monday, July 11th. Berenberg Bank began coverage on Morgan Stanley in a research report on Wednesday, July 13th. They issued a “hold” rating and a $29.00 price target for the company. BMO Capital Markets set a $46.00 price target on Morgan Stanley and gave the stock a “buy” rating in a research report on Wednesday, July 20th. UBS AG boosted their price target on Morgan Stanley from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Thursday, July 21st. Finally, Royal Bank Of Canada set a $27.00 price target on Morgan Stanley and gave the stock a “buy” rating in a research report on Tuesday, June 28th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the company’s stock. Morgan Stanley presently has a consensus rating of “Hold” and an average target price of $31.97.

Morgan Stanley (NYSE:MS) opened at 31.92 on Thursday. The stock has a market capitalization of $61.02 billion, a PE ratio of 14.76 and a beta of 2.18. The firm has a 50-day moving average price of $30.80 and a 200 day moving average price of $27.47. Morgan Stanley has a 12 month low of $21.16 and a 12 month high of $35.74.

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Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, July 20th. The financial services provider reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ 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 business earned $8.91 billion during the quarter, compared to analysts’ expectations of $8.30 billion. During the same period in the prior year, the business earned $0.79 EPS. The business’s revenue for the quarter was down 8.6% compared to the same quarter last year. Equities analysts anticipate that Morgan Stanley will post $2.50 earnings per share for the current year.

In related news, CFO Paul C. Wirth sold 18,929 shares of the stock in a transaction that occurred on Tuesday, August 30th. The stock was sold at an average price of $31.70, for a total value of $600,049.30. Following the completion of the sale, the chief financial officer now owns 195,748 shares of the company’s stock, valued at $6,205,211.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Donald T. Nicolaisen sold 3,302 shares of the stock in a transaction that occurred on Tuesday, August 2nd. The shares were sold at an average price of $27.88, for a total value of $92,059.76. Following the completion of the sale, the director now directly owns 91,704 shares of the company’s stock, valued at approximately $2,556,707.52. The disclosure for this sale can be found here. 0.35% of the stock is owned by insiders.

Several large investors have recently bought and sold shares of MS. FineMark National Bank & Trust boosted its stake in Morgan Stanley by 2.0% in the second quarter. FineMark National Bank & Trust now owns 4,332 shares of the financial services provider’s stock valued at $113,000 after buying an additional 84 shares in the last quarter. Assetmark Inc. boosted its stake in Morgan Stanley by 291.1% in the second quarter. Assetmark Inc. now owns 5,323 shares of the financial services provider’s stock valued at $138,000 after buying an additional 3,962 shares in the last quarter. Synovus Financial Corp boosted its stake in Morgan Stanley by 11.3% in the second quarter. Synovus Financial Corp now owns 5,418 shares of the financial services provider’s stock valued at $141,000 after buying an additional 549 shares in the last quarter. Acrospire Investment Management LLC boosted its stake in Morgan Stanley by 100.0% in the second quarter. Acrospire Investment Management LLC now owns 6,200 shares of the financial services provider’s stock valued at $161,000 after buying an additional 3,100 shares in the last quarter. Finally, MCF Advisors LLC boosted its stake in Morgan Stanley by 0.6% in the first quarter. MCF Advisors LLC now owns 7,308 shares of the financial services provider’s stock valued at $183,000 after buying an additional 42 shares in the last quarter. 83.64% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley Company Profile

Morgan Stanley is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. Its segments include Institutional Securities, Wealth Management and Investment Management.

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