The stocks of MSFT have seen an increase in the price target by several investment analysts working at Argus from a sum of $275 to a sum of $300 in a Tuesday research report. According to the report, the company has a rating of buy on the stocks of this software giant. The price target of the company provides an annual increase of 16.33% on the previous close of the company.
The Stock Commentary Of MSFT
There have been quite a few research equities that have commented on the stocks of MSFT. Piper Sandler has already reiterated their rating of overweight with a price target of $300 set in a 2nd February research report. The Royal Bank of Canada has also increased the price target of the company from $250 to $290 with a rating of outperform in a 27th January research report.
Morgan Stanley has also increased the price target of the company from $285 to $290 with a rating of overweight in an 11th March research report. Fundamental Research has gone the same route and increased the price target of the company from $223.67 to $236.60 with a rating of hold in a 3rd February research report. In the end, the Bank of America also increased the price target of the company from $256 to $280 with a rating of buy in a 27th January research report.
Two of the investment analysts dealing with the company have given it a rating of hold, while twenty-nine of the analysts have given the company a rating of buy. Currently, MSFT has a buy rating with a $269.41 price target.
The stocks of MSFT traded on Tuesday at $1.97. The market cap of the firm is $1.94 billion, with a 41.96 PE ratio, along with a PEG ratio of 2.44, and a 0.83 beta. The current ratio of the company is 2.53, with a 2.49 quick ratio, and a 0.46 debt-to-equity ratio. The year low of the company is $162.30, with a year high of $257.67.
