Motorola Solutions (NYSE:MSI) Rating Reaffirmed
Recently, In analysts report sent to investors and clients on Friday morning, Motorola Solutions (NYSE:MSI) shares have had their Hold Rating reaffirmed by investment analysts at Deutsche Bank, who currently has a $65.00 Estimated Target Price on firm. This target by Deutsche Bank would indicate the possibile downside of -9.86% from the last stock close price.
From a total of 10 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 $63.25 with a -6.05% below today’s ($72.11) stock price. Motorola Solutions was the topic of 6 analyst reports since August 6, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 4 with “Hold” rating. JP Morgan reinitiated MSI stock in a recent report from October 6 with “Neutral” rating.
The stock increased 1.45% or $1.03 on December 4, striking $72.11. Approximately shares of stock traded hands. Motorola Solutions Inc (NYSE:MSI) has risen 18.84% since May 4, 2015 and is uptrending. It has outperformed by 19.91% the S&P500.
Motorola Solutions, Inc. provides communication infrastructure, devices, accessories, software and services. The company has a market cap of $12.73 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).