Analysts Offer Insights on Financial Companies: PICC Property & Casualty Co (OtherPPCCF) and Morgan Stanley (MS)
There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on PICC Property & Casualty Co (PPCCF – Research Report) and Morgan Stanley (MS – Research Report) with bullish sentiments.
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PICC Property & Casualty Co (PPCCF)
DBS analyst Iris Gao maintained a Buy rating on PICC Property & Casualty Co today and set a price target of HK$15.20. The company's shares closed last Thursday at $1.75, equals to its 52-week high of $1.75.
According to TipRanks.com, Gao is a 4-star analyst with an average return of 18.0% and a 64.7% success rate. Gao covers the Financial sector, focusing on stocks such as American Express, PayPal Holdings, and Mastercard. ;'>
Currently, the analyst consensus on PICC Property & Casualty Co is a Strong Buy with an average price target of $1.85, implying a 5.7% upside from current levels. In a report issued on March 28, Morgan Stanley also maintained a Buy rating on the stock with a HK$15.10 price target.
Morgan Stanley (MS)
Evercore ISI analyst Glenn Schorr maintained a Buy rating on Morgan Stanley yesterday and set a price target of $138.00. The company's shares closed last Tuesday at $115.74.
According to TipRanks.com, Schorr is a 5-star analyst with an average return of 9.2% and a 60.5% success rate. Schorr covers the Financial sector, focusing on stocks such as Bank of New York Mellon Corporation, Apollo Global Management, and Goldman Sachs Group. ;'>
Morgan Stanley has an analyst consensus of Moderate Buy, with a price target consensus of $140.36.
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