TheStreet reaffirmed their buy rating on shares of Microsoft Corp. (NASDAQ:MSFT) in a research note issued to investors on Thursday, AnalystRatingsNetwork reports.
“Microsoft Corporation (MSFT) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.,” TheStreet’s analyst wrote.
A number of other firms have also recently commented on MSFT. Analysts at Zacks reiterated a neutral rating on shares of Microsoft Corp. in a research note to investors on Saturday, July 20th. They now have a $37.00 price target on the stock. Separately, analysts at Bank of America Corp. cut their price target on shares of Microsoft Corp. to $36.00 in a research note to investors on Friday, July 19th. They now have a neutral rating on the stock. Finally, analysts at Stifel Nicolaus cut their price target on shares of Microsoft Corp. from $38.00 to $36.00 in a research note to investors on Friday, July 19th. They now have a buy rating on the stock.
Two research analysts have rated the stock with a sell rating, twenty-four have assigned a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $33.90.
Shares of Microsoft Corp. (NASDAQ: MSFT) traded down 0.25% during mid-day trading on Thursday, hitting $31.54. Microsoft Corp. has a one year low of $26.26 and a one year high of $36.43. The stock’s 50-day moving average is currently $34.21. The company has a market cap of $262.7 billion and a P/E ratio of 12.26.
Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.