After Morgan Stanley and Wedbush gave Microsoft (NASDAQ: MSFT) a Buy rating last month, the company received another Buy, this time from Barclays. Analyst Raimo Lenschow maintained a Buy rating on Microsoft yesterday and set a price target of $190.00. The company’s shares closed last Monday at $172.78, close to its 52-week high of $174.05.
According to TipRanks.com, Lenschow is a top 25 analyst with an average return of 20.5% and a 75.2% success rate. Lenschow covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Ceridian HCM Holding, and Slack Technologies.
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $196.05, implying a 12.6% upside from current levels. In a report issued on January 15, Morgan Stanley also reiterated a Buy rating on the stock with a $189.00 price target.
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Microsoft’s market cap is currently $1318.1B and has a P/E ratio of 30.08. The company has a Price to Book ratio of 11.94.
Based on the recent corporate insider activity of 102 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MSFT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
