A statement released earlier today by Vetr Inc. about Microsoft Corporation (NASDAQ:MSFT) bumps the target price to $59.96
- Updated: September 24, 2016
Vetr Inc. bumped up the target of Microsoft Corporation (NASDAQ:MSFT) to $59.96 stating a potential upside of 0.04%.
On Thursday September 08, 2016, Vetr Inc. released a statement on Microsoft Corporation (NASDAQ:MSFT) bumped up the target price from $0.00 to $59.88 that suggested an upside of 0.04%.
Boasting a price of $57.82, Microsoft Corporation (NASDAQ:MSFT) traded -0.67% lower on the day. With the last close up 6.30% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Microsoft Corporation has recorded a 50-day average of $57.58 and a two hundred day average of $54.03. Volume of trade was down over the average, with 19,955,336 shares of MSFT changing hands under the typical 28,078,000
With a total market value of $0, Microsoft Corporation has price-earnings ratio of 27.35 with a one year low of $43.05 and a one year high of $58.70 .
A total of 32 analysts have released a research note on MSFT. Eight analysts rating the company a strong buy, thirteen analysts rating the company a buy, eleven analysts rating the company a hold, one analyst rating the company a underperform, and finally two analysts rating the company a sell with a one year target of $57.73.
More About Microsoft Corporation (NASDAQ:MSFT)
Microsoft Corporation is a technology company. The Company develops, licenses and supports a range of software products, services and devices. Its segments are Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. Its products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers, tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services. It also delivers online advertising.
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