Compass Point Initiates Coverage On Morgan Stanley to Neutral with Price Target $46

Compass Point Initiates Coverage On Morgan Stanley(MS). In a research note issued to the investors, the brokerage major Announces the price-target to $46 per share. The shares have been rated Neutral. The rating by the stock financial advisor at Compass Point was issued on Feb 22, 2017 in a research report to their Investors and Clients.

In a different note, On Dec 21, 2016, Atlantic Equities said it Upgrades its rating on Morgan Stanley. The shares have been rated ‘Neutral’ by the firm.

Morgan Stanley (MS) shares turned negative on Wednesdays trading session with the shares closing down -0.04 points or -0.09% at a volume of 76,12,788. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $46.82. The peak price level was also seen at $46.82 while the days lowest was $46.14. Finally the shares closed at $46.52. The 52-week high of the shares is $46.82 while the 52-week low is $22.68. According to the latest information available, the market cap of the company is $87,124 M.

Morgan Stanley(MS) last announced its earnings results on Jan 17, 2017 for Fiscal Year 2016 and Q4.Company reported revenue of $9.021B. Analysts had an estimated revenue of $8.370B. Earnings per share were $0.74. Analysts had estimated an EPS of $0.64.

Several Insider Transactions has been reported to the SEC. On Feb 15, 2017, Paul C Wirth (Deputy Chief Financial Officer) sold 12,481 shares at $46.03 per share price.Also, On Feb 10, 2017, Thomas Colm Kelleher (President) sold 182,027 shares at $43.82 per share price.On Jan 20, 2017, Jeffrey S Brodsky (Chief Human Resources Officer) sold 11,755 shares at $42.37 per share price, according to the Form-4 filing with the securities and exchange commission.

Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates the Company provides a variety of products and financial services to a group of clients and customers including corporations governments financial institutions and individuals. The Company’s operating segments include Institutional Securities Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management Alternative Investments Merchant Banking and Real Estate Investing activities and offers clients an array of equity fixed income alternative investments real estate and merchant banking strategies.

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