Dbs Bank Increases Morgan Stanley (NYSE:MS) Price Target to $220.00

Morgan Stanley (NYSE:MS) had its target price upped by equities researchers at Dbs Bank from $185.00 to $220.00 in a research report issued on Thursday,MarketScreener reports. Dbs Bank’s price target would suggest a potential upside of 13.99% from the company’s previous close.

MS has been the topic of several other research reports. Evercore lifted their target price on Morgan Stanley from $190.00 to $210.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. The Goldman Sachs Group lifted their target price on Morgan Stanley from $186.00 to $205.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. JPMorgan Chase & Co. lifted their target price on Morgan Stanley from $173.00 to $179.00 and gave the company a “neutral” rating in a research note on Tuesday, March 10th. BMO Capital Markets raised their price target on Morgan Stanley from $190.00 to $220.00 and gave the company an “outperform” rating in a report on Monday, April 20th. Finally, Keefe, Bruyette & Woods raised their price target on Morgan Stanley from $210.00 to $218.00 and gave the company an “outperform” rating in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, Morgan Stanley has a consensus rating of “Moderate Buy” and a consensus target price of $206.26.

Morgan Stanley Stock Up 1.5%

Shares of MS opened at $192.99 on Thursday. The business’s 50 day moving average is $172.76 and its 200 day moving average is $173.64. The company has a market capitalization of $304.40 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.43 and a beta of 1.22. Morgan Stanley has a 12-month low of $121.46 and a 12-month high of $194.83. The company has a current ratio of 0.77, a quick ratio of 0.81 and a debt-to-equity ratio of 3.52.

Morgan Stanley (NYSE:MS) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $3.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.02 by $0.41. The company had revenue of $20.58 billion for the quarter, compared to the consensus estimate of $19.23 billion. Morgan Stanley had a return on equity of 17.70% and a net margin of 14.65%.The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the company earned $2.60 EPS. Research analysts expect that Morgan Stanley will post 11.85 earnings per share for the current fiscal year.

Insider Transactions at Morgan Stanley

In other news, insider Eric F. Grossman sold 11,118 shares of Morgan Stanley stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $190.75, for a total value of $2,120,758.50. Following the completion of the transaction, the insider owned 169,403 shares in the company, valued at approximately $32,313,622.25. The trade was a 6.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Daniel A. Simkowitz sold 14,690 shares of Morgan Stanley stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $189.24, for a total value of $2,779,935.60. Following the completion of the transaction, the insider owned 365,802 shares of the company’s stock, valued at approximately $69,224,370.48. This trade represents a 3.86% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 77,476 shares of company stock worth $14,644,762. 0.17% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Morgan Stanley

A number of institutional investors and hedge funds have recently modified their holdings of MS. Brighton Jones LLC boosted its holdings in shares of Morgan Stanley by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,782 shares of the financial services provider’s stock worth $1,607,000 after purchasing an additional 1,185 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of Morgan Stanley by 69.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 8,964 shares of the financial services provider’s stock worth $1,263,000 after purchasing an additional 3,661 shares during the period. Diversify Advisory Services LLC boosted its holdings in shares of Morgan Stanley by 90.9% in the 2nd quarter. Diversify Advisory Services LLC now owns 16,148 shares of the financial services provider’s stock worth $2,378,000 after purchasing an additional 7,688 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Morgan Stanley by 6.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 263,575 shares of the financial services provider’s stock worth $37,127,000 after acquiring an additional 15,623 shares during the last quarter. Finally, Jupiter Wealth Management LLC lifted its stake in shares of Morgan Stanley by 7.8% during the 2nd quarter. Jupiter Wealth Management LLC now owns 52,825 shares of the financial services provider’s stock worth $7,805,000 after acquiring an additional 3,807 shares during the last quarter. Hedge funds and other institutional investors own 84.19% of the company’s stock.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: DBS Bank raised its price target on Morgan Stanley to $220 from $185, signaling more upside potential. DBS Bank price target update
• Positive Sentiment: Erste Group Bank lifted FY2027 earnings estimates for Morgan Stanley, while keeping a Buy rating, reinforcing confidence in longer-term earnings power.
• Positive Sentiment: UBS also increased its Morgan Stanley price target to $214 from $196, adding to the wave of bullish revisions. UBS price target update

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a global financial services firm headquartered in New York City. Founded in 1935 by Henry S. Morgan and Harold Stanley, the company provides a broad range of investment banking, securities, wealth management and investment management services to corporations, governments, institutions and individual investors. Leadership has been guided by a senior executive team and board of directors; James P. Gorman has served as the company’s chief executive and chairman in recent years.

The firm’s primary business activities are organized around three principal businesses: Institutional Securities, Wealth Management and Investment Management.