Morgan Stanley Forecasts Strong Price Appreciation for Motorola Solutions (NYSE:MSI) Stock

Motorola Solutions (NYSE:MSI) had its target price hoisted by analysts at Morgan Stanley from $495.00 to $505.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s price target suggests a potential upside of 15.47% from the stock’s previous close.

MSI has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Bank of America upped their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. StockNews.com downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Monday, February 10th. Barclays lifted their price objective on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Finally, Raymond James raised their target price on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $505.88.

Motorola Solutions Trading Down 6.2 %

Shares of NYSE:MSI opened at $437.35 on Friday. Motorola Solutions has a 1 year low of $318.20 and a 1 year high of $507.82. The firm has a market capitalization of $73.09 billion, a P/E ratio of 47.90, a P/E/G ratio of 3.54 and a beta of 1.02. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. The business’s 50-day moving average is $467.34 and its 200 day moving average is $458.55.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 13th. The communications equipment provider reported $3.75 earnings per share for the quarter, missing the consensus estimate of $3.85 by ($0.10). The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. On average, research analysts predict that Motorola Solutions will post 12.57 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Motorola Solutions

Several institutional investors and hedge funds have recently modified their holdings of MSI. Synergy Asset Management LLC acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $25,000. Crews Bank & Trust acquired a new stake in Motorola Solutions in the 4th quarter valued at $26,000. First Command Advisory Services Inc. purchased a new stake in Motorola Solutions in the 4th quarter worth $29,000. FSA Wealth Management LLC purchased a new stake in Motorola Solutions in the 3rd quarter worth $29,000. Finally, SBI Securities Co. Ltd. acquired a new position in Motorola Solutions during the fourth quarter worth $30,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.