Motorola Solutions (MSI) : 12 analysts are covering Motorola Solutions (MSI) and their average rating on the stock is 3.25, which is read as a Hold. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Motorola Solutions (MSI) : Currently there are 9 street experts covering Motorola Solutions (MSI) stock. The most bullish and bearish price target for the stock is $75 and $65 respectively for the short term. The average price target of all the analysts comes to $70.06. The estimated standard deviation from the target is $3.83.
Company shares have received an average consensus rating of Hold for the current week Motorola Solutions (NYSE:MSI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.60 and $74.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.52, notching a gain of 1.67% for the day. The total traded volume was 1,616,308 . The stock had closed at $74.28 on the previous day.
In a related news, The officer (EVP, Strategy & IO), of Motorola Solutions, Inc., Conrado Eduardo F had unloaded 976 shares at $70.08 per share in a transaction on May 17, 2016. The total value of transaction was $68,398. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Motorola Solutions, Inc. provides communication infrastructure, devices, accessories, software and services. The Company operates business in two segments: Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories and software. The primary customers of the Products segment are Government, public safety and first-responder agencies, municipalities, and commercial and industrial customers. The Products segment has two principal product lines: devices and systems. The Services segment provides a set of service offerings for Government, public safety and commercial communication networks. The Services segment has the following principal product lines: Integration services, Lifecycle Support services, Managed services, Smart Public Safety Solutions and Integrated Digital Enhanced Network (iDEN) services. The Company serves customers in more than 100 countries.