Morgan Stanley (NYSE:MS) has obtained a mean price target of $32.110 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.570 a share for the near-term quarter and $2.470 for this year.
The technical analysis of Morgan Stanley Common Stock clearly shows that the moving average of 50-days of Morgan Stanley (NYSE:MS) stock is $27.528, and is trading $1.547 points away or +5.621% from its 50-day moving average of $27.528. Further it is trading $2.981 or +11.423% away its 200-day moving average of $26.094.
The 52-week high of Morgan Stanley (NYSE:MS) was $38.210 while $21.160 is the low in the same period. This state Morgan Stanley Common Stock shares price has to travel more than $-9.135 to register a new high of 52-weeks or drop +37.405% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Morgan Stanley Common Stock, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Morgan Stanley (NYSE:MS) ratio came in at 13.448, which was derived by dividing current price of stock by yearly earnings. Morgan Stanley Common Stock stock recorded a close of $29.075 in last trading session, reaching a market cap of $55.59B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Morgan Stanley (NYSE:MS) PEG ratio is at 1.390.
1 Chart Pattern Every Investor Should Know
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