Why Morgan Stanley (NYSE:MS) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $32.6700 on Morgan Stanley (NYSE:MS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.4900 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Morgan Stanley (NYSE:MS) stands at 14.8242.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Morgan Stanley Common Stock, the PEG ratio for coming 3-5 years is 1.4900.

Technical Analysis

The technical analysis highlights that Morgan Stanley Common Stock current is trading $2.0925 points away or +6.9849% from its 50-day moving average of $29.9574. Further it is trading $5.0626 or +18.7592% away its 200-day moving average of $26.9873.

The 52-week high of Morgan Stanley (NYSE:MS) was $35.7400 while lowest point recorded in 52-week was $21.1600. It implies if stock price makes a movement of over $-3.6901, it will record a new 52-week high. In the case of +51.4646% drop, it will touch a new 52-week low.

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