Brokerage firm Deutsche Bank Maintains its rating on Motorola Solutions Inc(NYSE:MSI). In a research note issued to the investors, the brokerage major Raises the price-target to $68.00 per share. The shares have been rated Hold. The rating by Deutsche Bank was issued on Aug 5, 2016.
In a different note, On Jun 30, 2016, Goldman Sachs said it Assumes its rating on Motorola Solutions Inc. The shares have been rated ‘Buy’ by the firm. Citigroup said it Initiates Coverage on Motorola Solutions Inc, according to a research note issued on Jun 20, 2016. The shares have been rated ‘Neutral’ by the firm.
Motorola Solutions Inc (MSI) made into the market gainers list on Wednesdays trading session with the shares advancing 0.13% or 0.1 points. Due to strong positive momentum, the stock ended at $75.68, which is also near the day’s high of $75.81. The stock began the session at $75.41 and the volume stood at 21,59,197 shares. The 52-week high of the shares is $76.83 and the 52 week low is $59.13. The company has a current market capitalization of $12,618 M and it has 16,67,25,630 shares in outstanding.
Motorola Solutions Inc(MSI) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.43B. Analysts had an estimated revenue of $1.40B. Earnings per share were $1.03. Analysts had estimated an EPS of $0.86.
Several Insider Transactions has been reported to the SEC. On May 19, 2016, Eduardo F Conrado (EVP, Strategy & IO) sold 976 shares at $70.08 per share price.Also, On May 12, 2016, Bruce W Brda (EVP, Products & Services) sold 12,820 shares at $70.89 per share price.On Apr 4, 2016, Greg Mondre (director) purchased 50 shares at $63.90 per share price, according to the Form-4 filing with the securities and exchange commission.
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.