Mixed Analyst Attention: NIO Inc. (NIO), Microsoft Corporation (MSFT) - Financial Mercury

The shares of NIO Inc. (NYSE:NIO) has been pegged with a rating of Buy by Goldman in its latest research note that was published on March 7th, 2019. The research company has also assigned a $10.70 price target. Goldman wasn’t the only research firm that published a report of NIO Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on March 6th, 2019, to Underperform the NIO stock. The stock had earned Outperform rating from Credit Suisse when it published its report on October 22nd, 2018. That day the Credit Suisse set price target on the stock to $12.60. The stock was given Neutral rating by JP Morgan in its report released on October 9th, 2018. Wolfe Research was of a view that NIO is Outperform in its latest report on October 8th, 2018 while giving it a price target of $8.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $7.98. The price of the stock the last time has raised by 0.00% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 31.87.

The shares of the company dipped by -4.80% during the trading session on Monday, reaching a low of $5.27 while ending the day at $5.35. During the trading session, a total of 38.86 million shares were traded which represents a -53% decline from the average session volume which is 25.40M shares. NIO had ended its last session trading at 5.62. NIO Inc. currently has a market cap of $5.70B while its P/E earnings growth sits at 7.71. NIO Inc. debt-to-equity ratio currently stands at 0.47, while its quick ratio hovers at 1.20. NIO 52-week low price stands at $5.35 while its 52-week high price is $13.80.

The NIO Inc. generated $3,435.61 million in revenue during the last quarter, which is slightly higher than the $2,914.00 million predicted by analysts. NIO Inc. has the potential to record -3.40 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Mizuho published a research note on March 14th, 2019 where it informed investors and clients that Microsoft Corporation (NASDAQ:MSFT) is now rated as Buy. BofA/Merrill also rated MSFT as Downgrade on March 6th, 2019, with its price target of $43 suggesting that MSFT could surge by 6.89% from its current share price. Even though the stock has been trading at $117.05/share, analysts expect it to surge higher by 0.52% to reach $126.36/share. It started the day trading at $118.01 and traded between $116.3224 and $117.66 throughout the trading session.

A look at its technical shows that MSFT’s 50-day SMA is 109.45 while its 200-day SMA stands at 107.34. The stock has a high of $120.82 for the year while the low is $87.08. The company’s P/E ratio currently sits at 27.36, while the P/B ratio is 9.82. At the moment, only of Microsoft Corporation shares were sold short. The company’s average trading volume currently stands at 30.64M shares, which means that the short-interest ratio is just 1.34 days. Over the past seven days, the company moved, with its shift of 0.08%. Looking further, the stock has raised 15.91% over the past 90 days while it gained 3.60% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more MSFT shares, increasing its portfolio by +4.57% during the last quarter. This move now sees The Vanguard Group Inc purchasing 25,908,487 shares in the last quarter, thus it now holds 592,329,218 shares of MSFT, with a total valuation of $66,358,642,293. BlackRock Fund Advisors meanwhile bought more MSFT shares in the recently filed quarter, changing its stake to $38,180,636,890 worth of shares. SSgA Funds Management Inc followed the path by decreasing its MSFT portfolio by -0.88% in the quarter. This means that SSgA Funds Management Inc sold -2,696,119 shares in the last quarter and now controls 303,610,380 shares of the MSFT stock, with the valuation hitting $34,013,470,871.

Similarly, T Rowe Price Associates Inc increased its Microsoft Corporation shares by +0.73% during the recently filed quarter. After buying 1,398,664 shares in the last quarter, the firm now controls 192,592,815 shares of Microsoft Corporation which are valued at $21,576,173,064. In the same vein, Capital Research Management Co decreased its Microsoft Corporation shares by during the most recent reported quarter. The firm sold -102,264 shares during the quarter which decreased its stakes to 185,373,352 shares and is now valued at $20,767,376,625. Following these latest developments, around 0.10% of Microsoft Corporation stocks are owned by institutional investors and hedge funds.

Let's block ads! (Why?)