Morgan Stanley's Long Term Strategy Offers Upside Potential
Geoff Considine, Ph.D | Sep 29, 2021 14:25
Despite shares in Morgan Stanley (NYSE:MS) returning 124.5% over the last year, the financial services behometh's forward overview post , including links to the relevant financial literature.
Wall Street Consensus Outlook for MS/h2
Ameritrade calculates the Wall Street consensus outlook from the views of 12 analysts who have issued ratings and price targets within the past 90 days. The consensus outlook is Moderate Buy, with 8 analysts rating the stock a buy and 4 assigning a neutral rating. The consensus 12-month price target of $103.55 is 1.5% below the current share price.
Source: Ameritrade
Investing.com inflection point , as the company solidifies its position as a fully-integrated financial services juggernaut, offering investment banking, retail banking services, wealth management, and investment management.
The rapid ascent of the share price reflects Morgan Stanley’s rapid progress. The Wall Street analyst consensus is bullish, but the current share price is slightly above the consensus 12-month price target.
The market-implied outlook to early 2022 is bullish, becoming neutral as we look out to mid year. The projected volatility is moderate. Given the modest share valuation, the impressive outperformance on earnings over the past year, and the bullish Wall Street consensus and market-implied outlook, I am assigning a bullish rating on MS despite the lack of upside potential implied by the consensus price target
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