After Credit Suisse and Raymond James gave Motorola Solutions (NYSE: MSI) a Buy rating last month, the company received another Buy, this time from Deutsche Bank. Analyst Brian Yun maintained a Buy rating on Motorola Solutions today and set a price target of $210.00. The company’s shares closed last Monday at $185.37, close to its 52-week high of $186.98.
According to TipRanks.com, Yun is a 1-star analyst with an average return of -0.5% and a 40.0% success rate. Yun covers the Consumer Goods sector, focusing on stocks such as Keysight Technologies, Juniper Networks, and Netgear.
Currently, the analyst consensus on Motorola Solutions is a Strong Buy with an average price target of $204.00, which is a 9.7% upside from current levels. In a report issued on February 7, Credit Suisse also maintained a Buy rating on the stock with a $196.00 price target.
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Motorola Solutions’ market cap is currently $31.89B and has a P/E ratio of 37.65. The company has a Price to Book ratio of -45.33.
Based on the recent corporate insider activity of 60 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 MSI 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.
Motorola Solutions, Inc. engages in the provision of communication infrastructure, devices, accessories, software and services. It operates through the following segments: Products and Systems Integration. The Products segment offers an extensive portfolio of infrastructure, devices, accessories, and software.
