Motorola Solutions (NYSE:MSI) Rating Reaffirmed
The financial firm has just set a price target of $65 on Motorola Solutions (NYSE:MSI) shares. This is -9.57% from the closing share price. In a note issued to investors and clients on 4 December, Deutsche Bank has restated their “Hold” rating on shares of MSI.
From a total of 11 analysts covering Motorola Solutions (NYSE:MSI) stock, 4 rate it a ”Buy”, 5 a “Sell”, and 9 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is $77 while the lowest target price is $40. The mean of all analyst targets is $62.86 with a -6.79% below today’s ($71.88) stock price. Motorola Solutions was the topic of 5 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Macquarie Research initiated shares on October 22 with “Underperform” rating. Wells Fargo downgraded MSI stock in a recent report from September 11 to “Underperform” rating.
Approximately 641,544 shares of stock traded hands. Motorola Solutions Inc (NYSE:MSI) has risen 17.92% since May 1, 2015 and is uptrending. It has outperformed by 20.70% the S&P500.
Motorola Solutions, Inc. provides communication infrastructure, devices, accessories, software and services. The company has a market cap of $12.57 billion. The Firm operates business in two divisions: Products and Services. It currently has negative earnings. The Products segment offers a portfolio of infrastructure, devices, accessories and software.
According to Zacks Investment Research, “Motorola Solutions is engaged in providing communication equipments, software and services. It focuses on providing public safety communications ranging from infrastructure to applications and devices. The Company operates its business through two divisions: Government and Enterprise. The Enterprise segment is focused on mobile computing systems, advance data capture and wireless networks. The Government segment makes radio systems, radio devices and control centers for governments around the world. Products offered by the Company include devices, networks, systems, accessories, software and services.” Get a free copy of the Zacks research report on Motorola Solutions Inc (MSI).