Motorola Solutions (NYSE:MSI) Price Target Raised to $495.00 at Morgan Stanley

Motorola Solutions (NYSE:MSI) had its price objective lifted by stock analysts at Morgan Stanley from $430.00 to $495.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s target price suggests a potential upside of 6.71% from the company’s current price.

Several other research firms also recently commented on MSI. Evercore ISI upped their price target on shares of Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Friday, August 30th. Barclays upped their target price on shares of Motorola Solutions from $467.00 to $529.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft raised their price target on Motorola Solutions from $440.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Raymond James upped their price objective on Motorola Solutions from $425.00 to $515.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Finally, Bank of America lifted their target price on Motorola Solutions from $440.00 to $520.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $504.88.

Motorola Solutions Price Performance

Shares of MSI opened at $463.88 on Tuesday. The company has a debt-to-equity ratio of 4.23, a current ratio of 1.25 and a quick ratio of 1.07. Motorola Solutions has a 1-year low of $307.09 and a 1-year high of $507.82. The stock has a market cap of $77.52 billion, a PE ratio of 51.18, a price-to-earnings-growth ratio of 3.77 and a beta of 0.99. The firm has a fifty day moving average price of $479.09 and a 200 day moving average price of $434.26.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.76 billion. Motorola Solutions had a return on equity of 251.96% and a net margin of 14.65%. As a group, sell-side analysts anticipate that Motorola Solutions will post 12.57 EPS for the current year.

Institutional Investors Weigh In On Motorola Solutions

Several institutional investors and hedge funds have recently made changes to their positions in MSI. Beacon Capital Management LLC lifted its stake in Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after buying an additional 28 shares in the last quarter. LRI Investments LLC raised its holdings in shares of Motorola Solutions by 871.4% in the second quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 61 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the third quarter valued at $29,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Motorola Solutions during the third quarter valued at $31,000. Finally, Strategic Investment Solutions Inc. IL purchased a new stake in Motorola Solutions during the 2nd quarter worth about $32,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Company Profile

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.