News articles about Morgan Stanley (NYSE:MS) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Morgan Stanley earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.2748991554759 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Apple Will Depend on Services for Revenue Growth: Morgan Stanley (investopedia.com)
- Morgan Stanley Says Market’s Still Puzzling Out What Tariffs Are Really About (bloomberg.com)
- Trump Bans Petro, a Pacquiao ICO and the Caribbean Goes Crypto: Week in Review (ccn.com)
- Commit To Buy Morgan Stanley At $30, Earn 1.9% Using Options – Nasdaq (nasdaq.com)
- Morgan Stanley's stock picks for 'fresh money' (finance.yahoo.com)
Shares of Morgan Stanley stock traded down $2.57 during midday trading on Friday, hitting $52.07. The company had a trading volume of 16,396,181 shares, compared to its average volume of 9,058,574. The stock has a market cap of $93,301.41, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.90 and a beta of 1.50. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 2.75. Morgan Stanley has a 52 week low of $40.06 and a 52 week high of $59.38.
A number of analysts have recently issued reports on MS shares. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $63.00 price target on shares of Morgan Stanley in a research report on Friday, December 22nd. Societe Generale downgraded Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Royal Bank of Canada reiterated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research report on Friday, January 19th. Vining Sparks reiterated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research report on Monday, January 8th. Finally, Wells Fargo set a $55.00 price target on Morgan Stanley and gave the company a “hold” rating in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Morgan Stanley has a consensus rating of “Buy” and an average target price of $54.39.
In other Morgan Stanley news, CFO Jonathan Pruzan sold 52,204 shares of Morgan Stanley stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $55.35, for a total value of $2,889,491.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman James P. Gorman sold 100,000 shares of Morgan Stanley stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $55.34, for a total value of $5,534,000.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 239,254 shares of company stock worth $13,085,019. 0.35% of the stock is currently owned by insiders.
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About Morgan Stanley
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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