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Credit Suisse Stick to Their Buy Rating for Morgan Stanley

Published 06/04/2020, 11:01 AM
Updated 06/04/2020, 11:01 AM


Credit Suisse (SIX:CSGN) analyst Susan Roth Katzke maintained a Buy rating on Morgan Stanley (NYSE:MS) on Wednesday, setting a price target of $46, which is approximately 0.92% above the present share price of $45.58.

Roth Katzke expects Morgan Stanley to post earnings per share (EPS) of $1.02 for the second quarter of 2020.

The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Morgan Stanley, with an average price target of $46.13.
The analysts price targets range from a high of $55 to a low of $32.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $8.75 billion and a net profit of $0. The company's market cap is $73.91 billion.

According to TipRanks.com, Credit Suisse analyst Susan Roth Katzke is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.5% and a 70.44% success rate.

Morgan Stanley operates as a global financial services company. The firm provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors. The Wealth Management segment offers brokerage and investment advisory services covering various types of investments, including equities, options, futures, foreign currencies, precious metals, fixed-income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs. The Investment Management segment provides equity, fixed income, alternative investments, real estate, and merchant banking strategies. The company was founded by Harold Stanley and Henry S. Morgan on September 16, 1935 and is headquartered in New York, NY.

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