Investment Analysts’ Recent Ratings Updates for Morgan Stanley (MS)

Morgan Stanley (NYSE: MS) has recently received a number of price target changes and ratings updates:

  • 1/9/2019 – Morgan Stanley was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Morgan Stanley's shares have outperformed the industry in the past six months. The company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. While the company’s efforts to strengthen wealth management business, focus on corporate lending, steady loan growth, higher interest rates and normalized levels of trading activities will further support revenues, slowdown in debt originations will hamper underwriting fee income growth. Earnings estimates have been going down lately ahead of the company's fourth quarter 2018 results. Mounting operating expenses is also a major near-term concern for the company.”
  • 1/9/2019 – Morgan Stanley was upgraded by analysts at Citigroup Inc from a “neutral” rating to a “buy” rating. They now have a $48.00 price target on the stock, down previously from $50.00.
  • 1/3/2019 – Morgan Stanley was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Morgan Stanley's shares have slightly outperformed the industry in 2018. The company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. While the company’s efforts to strengthen wealth management business, focus on corporate lending, steady loan growth, higher interest rates and normalized levels of trading activities will further support revenues, slowdown in debt originations will hamper underwriting fee income growth. Earnings estimates have been going down ahead of the company's fourth quarter 2018 results. Mounting operating expenses is also a major near-term concern for the company.”
  • 1/2/2019 – Morgan Stanley had its price target lowered by analysts at Barclays PLC from $63.00 to $55.00. They now have an “equal weight” rating on the stock.
  • 12/20/2018 – Morgan Stanley was upgraded by analysts at Wells Fargo & Co to a “buy ms” rating.
  • 12/11/2018 – Morgan Stanley was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “hold” rating. They now have a $45.00 price target on the stock.
  • 12/11/2018 – Morgan Stanley was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past three months. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending, steady loan growth, higher interest rates and normalized levels of trading activities will further support revenues. Also, enhanced capital deployment activities reflect a strong balance sheet position. However, slowdown in debt originations will hamper underwriting fee income growth. Further, mounting expenses is a major near-term concern for the company.”
  • 12/7/2018 – Morgan Stanley had its price target lowered by analysts at Credit Suisse Group AG from $62.00 to $58.00. They now have an “outperform” rating on the stock.
  • 12/6/2018 – Morgan Stanley was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $51.00 price target on the stock. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past three months. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending, steady loan growth, higher interest rates and normalized levels of trading activities will further support revenues. While slowdown in debt originations and mounting expenses remain major concerns, enhanced capital deployment activities reflect a strong balance sheet position.”
  • 11/27/2018 – Morgan Stanley was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past three months. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending and normalized levels of trading activities will support revenues. Moreover, enhanced capital deployment activities reflect a strong balance sheet position. However, slowdown in debt originations remains a major concern as it might hurt top-line growth to some extent. Moreover, mounting expenses are likely to hurt profitability in the near term.”
  • 11/26/2018 – Morgan Stanley was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past three months. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending and normalized levels of trading activities will support revenues. Moreover, enhanced capital deployment activities reflect a strong balance sheet position. However, slowdown in debt originations and mounting expenses remain major concerns for the company.”
  • 11/21/2018 – Morgan Stanley was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past three months. Also, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending and normalized levels of trading activities will support revenues. Moreover, enhanced capital deployment activities reflect a strong balance sheet position. However, slowdown in debt originations remains a major concern as it might hamper top-line growth to some extent. Moreover, mounting expenses might hurt profitability in the near term.”
  • 11/20/2018 – Morgan Stanley was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $50.00 price target on the stock. According to Zacks, “Morgan Stanley's shares have outperformed the industry over the past six months. Yet, the company possesses an impressive earnings surprise history, beating the Zacks Consensus Estimate in each of the trailing four quarters. The company’s efforts to strengthen wealth management business, focus on corporate lending and normalized levels of trading activities will support revenues. However, slowdown in debt underwriting and mounting expenses remain near-term concerns. Nonetheless, enhanced capital deployment activities reflect strong balance sheet position.”

MS stock opened at $41.74 on Monday. The stock has a market cap of $71.80 billion, a price-to-earnings ratio of 11.59, a PEG ratio of 0.69 and a beta of 1.24. Morgan Stanley has a one year low of $36.74 and a one year high of $59.38. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 2.67.

Morgan Stanley (NYSE:MS) last released its quarterly earnings results on Tuesday, October 16th. The financial services provider reported $1.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.16. The business had revenue of $9.87 billion during the quarter, compared to analyst estimates of $9.55 billion. Morgan Stanley had a net margin of 15.93% and a return on equity of 12.51%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.93 earnings per share. Analysts predict that Morgan Stanley will post 4.87 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in MS. Westbourne Investment Advisors Inc. raised its position in shares of Morgan Stanley by 28.3% in the 3rd quarter. Westbourne Investment Advisors Inc. now owns 35,205 shares of the financial services provider’s stock valued at $1,639,000 after purchasing an additional 7,770 shares during the last quarter. Regentatlantic Capital LLC raised its position in shares of Morgan Stanley by 8.8% in the 3rd quarter. Regentatlantic Capital LLC now owns 154,738 shares of the financial services provider’s stock valued at $7,206,000 after purchasing an additional 12,562 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Morgan Stanley by 4.2% in the 3rd quarter. Canada Pension Plan Investment Board now owns 1,633,304 shares of the financial services provider’s stock valued at $76,063,000 after purchasing an additional 65,199 shares during the last quarter. James Investment Research Inc. raised its position in shares of Morgan Stanley by 13.7% in the 3rd quarter. James Investment Research Inc. now owns 42,460 shares of the financial services provider’s stock valued at $1,977,000 after purchasing an additional 5,100 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Morgan Stanley by 21.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 69,247 shares of the financial services provider’s stock valued at $3,225,000 after purchasing an additional 12,434 shares during the last quarter. 85.06% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates Institutional Securities, Wealth Management, and Investment Management segments.

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