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

Zacks Investment Research has downgraded Morgan Stanley (NYSE:MS) to Hold in a report released on 10/06/2016.

Previously on 10/5/2016, Zacks Investment Research released a statement about Morgan Stanley (NYSE:MS) increased the target price from $0.00 to $36.00. At the time, this indicated a possible upside of 0.10%.

Just yesterday Morgan Stanley (NYSE:MS) traded -0.31% lower at $32.63. Morgan Stanley’s 50-day moving average is $31.55 and its 200-day moving average is $27.92. The last stock price is up 16.26% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,271,282 shares of MS traded hands, down from an average trading volume of 12,447,000

Recent Performance Chart

Morgan Stanley (NYSE:MS)

Morgan Stanley has 52 week low of $21.16 and a 52 week high of $35.74 with a PE ratio of 15.01 and has a market capitalization of $0.

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

Brief Synopsis On Morgan Stanley (NYSE:MS)

Morgan Stanley is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions and individuals. Its segments include Institutional Securities, Wealth Management and Investment Management. Through its subsidiaries and affiliates, the Company provides a range of products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals. Its Institutional Securities business segment provides investment banking, sales and trading, and other services. Its Wealth Management business segment provides an array of financial services and solutions to individual investors and institutions covering brokerage, banking and retirement plan services. Its Investment Management business segment provides a range of investment strategies and products.

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