Goldman Sachs Reaffirms Neutral (N/A) Rating on Microsoft Corp (MSFT)

By admin | 6 years ago

Microsoft Corp (NASDAQ: MSFT)‘s stock had its “neutral (n/a)” rating reiterated by investment analysts at Goldman Sachs (NYSE: GS) in a note issued to investors on Monday.

Shares of Microsoft Corp opened at 28.55 on Monday. Microsoft Corp has a one year low of $23.65 and a one year high of $32.95. The company has a market cap of $239.8 billion and a P/E ratio of 10.46.

Microsoft Corp last issued its quarterly earnings data on Thursday, April 19th. The company reported $0.60 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.58 by $0.02. Microsoft Corp’s revenue was up 6.0% compared to the same quarter last year. On average, analysts predict that Microsoft Corp will post $0.72 earnings per share next quarter.

A number of other firms have also recently commented on MSFT. Analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Microsoft Corp in a research note to investors on Tuesday, May 29th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Microsoft Corp in a research note to investors on Monday, May 21st. They now have a $31.00 price target on the stock. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Microsoft Corp in a research note to investors on Friday, May 4th. They set a “buy” rating and a $38.00 price target on the stock.

Microsoft Corporation develops, licenses and supports software products and services. It designs and sells hardware, and delivers online advertising to the customers.

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