In a report released yesterday, Ross MacMillan from RBC Capital maintained a Buy rating on Microsoft (MSFT – Research 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.
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.
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