RBC Capital Remains a Buy on Microsoft (MSFT)

In a report released yesterday, Ross MacMillan from RBC Capital maintained a Buy rating on Microsoft (MSFTResearch Report), with a price target of $124. The company’s shares closed on Friday at $107.71.

According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 28.8% and a 84.2% success rate. MacMillan covers the Technology sector, focusing on stocks such as Coupa Software Inc, Ultimate Software, and Salesforce.com.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $124.32, representing a 15.4% upside. In a report issued on January 10, Morgan Stanley also maintained a Buy rating on the stock with a $130 price target.

See today’s analyst top recommended stocks >>

Microsoft’s market cap is currently $827.2B and has a P/E ratio of 44.69. The company has a Price to Book ratio of 9.62.

Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Leave a Reply

Your email address will not be published. Required fields are marked *