Argus Research Reiterates a Buy Rating on Morgan Stanley

In a report released today, David Ritter from Argus Research reiterated a Buy rating on Morgan Stanley (NYSE: MS), with a price target of $40. The company’s shares closed yesterday at $33.80.

Morgan Stanley has an analyst consensus of Hold, with a price target consensus of $39.50.

The company has a one year high of $40.88 and a one year low of $30.40. Currently, Morgan Stanley has an average volume of 10.01M.

Financial bloggers on sites such as SeekingAlpha, and others, seem to have a Positive view on MS. When evaluating the opinions of financial bloggers over the last 3 months, 88% of bloggers have indicated a Bullish sentiment, while 12% have indicated a Bearish sentiment. The average blogger Bullish sentiment in the Financial sector is 71% which is less positive than the blogger sentiment of MS.

Unlike Argus Research`s latest rating, based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is negative on the stock. Last month, Eric Grossman, a the CLO of MS sold 54,500 shares for a total of $1,868,260.

According to, Ritter is a 4-star analyst with an average return of 8.6% and a 64.1% success rate. Ritter covers the Financial sector, focusing on stocks such as State Street Corp, American Express, and Blackstone Group.

Morgan Stanley through its subsidiaries and affiliates, provides financial products and services to a diversified group of clients and customers, including corporations, governments, financial institutions and individuals.