Morgan Stanley (MS) : Traders are bullish on Morgan Stanley (MS) as it has outperformed the S&P 500 by a wide margin of 8.69% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.67%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2% in the last 1 week, and is up 8.46% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.33% and the fifty day Moving Average is 12.01%. Morgan Stanley is up 13.97% in the last three month period. Year-to-Date the stock performance stands at -0.24%.
Morgan Stanley (MS) : 11 Wall Street analysts covering Morgan Stanley (MS) believe that the average level the stock could reach for the short term is $33.46. The maximum price target given is $45 and the minimum target for short term is around $29, hence the standard deviation is calculated at $4.76.
Morgan Stanley (NYSE:MS): stock turned positive on Friday. Though the stock opened at $31.12, the bulls momentum made the stock top out at $31.58 level for the day. The stock recorded a low of $30.93 and closed the trading day at $31.16, in the green by 0.61%. The total traded volume for the day was 10,693,437. The stock had closed at $30.97 in the previous days trading.
Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company provides a variety of products and financial services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The Companys operating segments include Institutional Securities, Wealth Management and Investment Management. The Companys Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16,076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management, Alternative Investments, Merchant Banking and Real Estate Investing activities and offers clients an array of equity, fixed income, alternative investments, real estate and merchant banking strategies.