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Zacks Investment Research downgraded Morgan Stanley (NYSE:MS) to Hold in a report released today.

Yesterday Morgan Stanley (NYSE:MS) traded -0.54% lower at $42.42. The company’s 50-day moving average is $46.72 and its 200-day moving average is $44.77. The last closing price is down 10.54% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 1,063,876 shares of the stock were exchanged, down from an average trading volume of 7,978,700

Zacks Investment Research has downgraded Morgan Stanley (NYSE:MS) to Hold in a report released on 5/24/2017.

Previously on Tuesday May 23, 2017, Vetr Inc. reported on Morgan Stanley (NYSE:MS) raised the target price from $0.00 to $40.50. At the time, this indicated a possible downside of -0.03%.

See Chart Below

Morgan Stanley (NYSE:MS)

Morgan Stanley has a 52 week low of $30.96 and a 52 week high of $50.14 with a P/E ratio of 14.18 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 22 brokers have issued a report on the stock. The consensus target price is $32.39 with 4 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 10 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Morgan Stanley (NYSE:MS)

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. The Company's Wealth Management business segment provides an array of financial services and solutions to individual investors and small-to-medium sized businesses and institutions covering brokerage and investment advisory services, market-making activities in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, banking and retirement plan services. The Company's Investment Management business segment provides a range of investment strategies and products.

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