Morgan Stanley with ticker code (MS) now have 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 114 and 80 calculating the average target price we see $97.97. Now with the previous closing price of $85.47 this indicates there is a potential upside of 14.6%. Also worth taking note is the 50 day moving average now sits at $92.27 and the 200 day moving average is $87.31. The market capitalization for the company is $143,305m. You can visit the company’s website by visiting: https://www.morganstanley.com
The potential market cap would be $164,264m based on the market consensus.
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. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; foreign exchange and commodities; corporate and commercial real estate loans, commercial mortgage and secured lending facilities, and financing for sales and trading customers, and asset-backed and mortgage lending; and wealth management services, investment, and research services. The Wealth Management segment offers financial advisor-led brokerage, custody, administrative, and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services to individual investors and small to medium-sized businesses and institutions. The Investment Management segment provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals through institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.
The company has a dividend yield of 3.63% with the ex dividend date set at 30-1-2023 (DMY).
Other points of data to note are a P/E ratio of 13.89, revenue per share of 31.57 and a 0.94% return on assets.
