Goldman Sachs Reaffirms Their Buy Rating on Morgan Stanley (MS)

Goldman Sachs analyst Richard Ramsden maintained a Buy rating on Morgan Stanley (MSResearch Report) today and set a price target of $105.00. The company’s shares closed last Thursday at $85.11.

According to, Ramsden is a 3-star analyst with an average return of 4.6% and a 55.3% success rate. Ramsden covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Bank of America, and Houlihan Lokey.

Morgan Stanley has an analyst consensus of Moderate Buy, with a price target consensus of $102.56, a 18.7% upside from current levels. In a report issued on April 8, Jefferies also maintained a Buy rating on the stock with a $111.00 price target.

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Morgan Stanley’s market cap is currently $149.9B and has a P/E ratio of 10.47.

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 1935, New York-based Morgan Stanley operates as a global financial services company and provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. The bank operates through three segments, including Institutional Securities, Wealth Management, and Investment Management.

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