why Morgan Stanley [MS] is a Good Choice for Investors After New Price Target of $129.41

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Morgan Stanley [NYSE: MS] stock went on a downward path that fall over -0.75% on Thursday, amounting to a one-week price decrease of less than -1.79%.

Over the last 12 months, MS stock rose by 32.89%. The one-year Morgan Stanley stock forecast points to a potential upside of 3.58. The average equity rating for MS stock is currently 2.56, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $201.03 billion, with 1.61 billion shares outstanding and 1.23 billion shares in the current float. Compared to the average trading volume of 6.44M shares, MS stock reached a trading volume of 5013948 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Morgan Stanley [MS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MS shares is $129.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MS stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

HSBC Securities have made an estimate for Morgan Stanley shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 26, 2024. The new note on the price target was released on November 15, 2024, representing the official price target for Morgan Stanley stock. Previously, the target price had yet another raise to $118, while HSBC Securities analysts kept a Buy rating on MS stock.

The Average True Range (ATR) for Morgan Stanley is set at 2.69, with the Price to Sales ratio for MS stock in the period of the last 12 months amounting to 1.91. The Price to Book ratio for the last quarter was 2.14. Price to Free Cash Flow for MS in the course of the last twelve months was 8.04.

MS Stock Performance Analysis:

Morgan Stanley [MS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.79. With this latest performance, MS shares dropped by -4.77% in over the last four-week period, additionally plugging by 24.53% over the last 6 months – not to mention a rise of 32.89% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MS stock in for the last two-week period is set at 45.23, with the RSI for the last a single of trading hit 42.60, and the three-weeks RSI is set at 48.46 for Morgan Stanley [MS]. The present Moving Average for the last 50 days of trading for this stock 126.80, while it was recorded at 126.21 for the last single week of trading, and 105.92 for the last 200 days.

Insight into Morgan Stanley Fundamentals:

Morgan Stanley’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.53.

MS Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Morgan Stanley go to 17.30%.

Morgan Stanley [MS] Institutonal Ownership Details

There are presently around $61.96%, or 81.14%% of MS stock, in the hands of institutional investors. The top three institutional holders of MS stocks are: MITSUBISHI UFJ FINANCIAL GROUP INC with ownership of 377.09 million shares, which is approximately 23.5531%. STATE STREET CORP, holding 110.27 million shares of the stock with an approximate value of $$10.72 billion in MS stocks shares; and STATE STREET CORP, currently with $$10.56 billion in MS stock with ownership which is approximately 6.7864%.