Microsoft (NASDAQ:MSFT) PT Set at $145.00 by Credit Suisse Group

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Microsoft (NASDAQ:MSFT) has been given a $145.00 price objective by Credit Suisse Group in a research report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the software giant’s stock. Credit Suisse Group’s price target suggests a potential upside of 5.78% from the company’s current price.

Other equities analysts also recently issued research reports about the stock. Barclays increased their price target on shares of T. Rowe Price Group from $90.00 to $95.00 and gave the stock an “underweight” rating in a research note on Thursday, April 25th. UBS Group reissued a “buy” rating and issued a $124.00 price objective on shares of Cie Gnrl des Etblsmnts Michelin SCA in a research report on Thursday, April 25th. Morgan Stanley dropped their price objective on shares of RPC from $12.00 to $9.50 and set an “underperform” rating for the company in a research report on Thursday, April 25th. KeyCorp reissued a “buy” rating and issued a $143.00 price objective on shares of Microsoft in a research report on Tuesday, June 11th. Finally, JPMorgan Chase & Co. reissued a “hold” rating and issued a $7.00 price objective on shares of Deutsche Bank in a research report on Thursday, April 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-six have assigned a buy rating and three have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $138.34.

NASDAQ:MSFT opened at $137.08 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.93 and a current ratio of 2.97. The stock has a market capitalization of $1,064.37 billion, a P/E ratio of 35.33, a P/E/G ratio of 2.50 and a beta of 1.21. Microsoft has a fifty-two week low of $93.96 and a fifty-two week high of $139.54. The stock’s 50 day moving average is $133.08.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, April 24th. The software giant reported $1.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.14. The company had revenue of $30.57 billion for the quarter, compared to the consensus estimate of $29.86 billion. Microsoft had a net margin of 28.58% and a return on equity of 39.34%. Microsoft’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.95 earnings per share. As a group, research analysts anticipate that Microsoft will post 4.59 earnings per share for the current year.

In other Microsoft news, EVP Kathleen T. Hogan sold 15,947 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $133.17, for a total transaction of $2,123,661.99. Following the completion of the transaction, the executive vice president now directly owns 202,518 shares of the company’s stock, valued at approximately $26,969,322.06. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Bradford L. Smith sold 192,300 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was sold at an average price of $130.34, for a total transaction of $25,064,382.00. Following the transaction, the president now directly owns 754,442 shares of the company’s stock, valued at $98,333,970.28. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 216,247 shares of company stock valued at $28,204,754. Company insiders own 1.38% of the company’s stock.

A number of hedge funds have recently made changes to their positions in MSFT. WealthPLAN Partners LLC grew its stake in shares of Microsoft by 7.6% during the third quarter. WealthPLAN Partners LLC now owns 27,827 shares of the software giant’s stock valued at $2,830,000 after buying an additional 1,969 shares during the last quarter. Vanguard Group Inc boosted its holdings in shares of Microsoft by 1.6% in the third quarter. Vanguard Group Inc now owns 577,877,949 shares of the software giant’s stock valued at $66,091,902,000 after purchasing an additional 8,820,439 shares during the period. Belpointe Asset Management LLC boosted its holdings in shares of Microsoft by 46.8% in the third quarter. Belpointe Asset Management LLC now owns 50,474 shares of the software giant’s stock valued at $5,773,000 after purchasing an additional 16,087 shares during the period. Carnegie Capital Asset Management LLC boosted its holdings in shares of Microsoft by 25.7% in the third quarter. Carnegie Capital Asset Management LLC now owns 298,177 shares of the software giant’s stock valued at $32,275,000 after purchasing an additional 61,020 shares during the period. Finally, Clearbridge Investments LLC boosted its holdings in shares of Microsoft by 0.3% in the third quarter. Clearbridge Investments LLC now owns 24,014,135 shares of the software giant’s stock valued at $2,746,497,000 after purchasing an additional 68,852 shares during the period. 72.05% of the stock is owned by institutional investors.

About Microsoft

Microsoft Corporation develops, licenses, and supports software, services, devices, and solutions worldwide. Its company's Productivity and Business Processes segment offers Office 365 commercial products and services, such as Office, Exchange, SharePoint, Skype for Business, Microsoft Teams, and related Client Access Licenses (CALs); Office 365 consumer services, including Skype, Outlook.com, and OneDrive; LinkedIn online professional network; and Dynamics business solutions comprising financial management, enterprise resource planning, customer relationship management, supply chain management, and analytics applications for small and medium businesses, large organizations, and divisions of enterprises.

Further Reading: What are some reasons analysts would give stocks a buy rating?

Analyst Recommendations for Microsoft (NASDAQ:MSFT)

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