Deutsche Bank Aktiengesellschaft Boosts Motorola Solutions (NYSE:MSI) Price Target to $530.00

Motorola Solutions (NYSE:MSI) had its price objective lifted by investment analysts at Deutsche Bank Aktiengesellschaft from $440.00 to $530.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the communications equipment provider’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 6.95% from the company’s previous close.

Several other research firms have also recently issued reports on MSI. Jefferies Financial Group upped their price objective on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Evercore ISI upped their price target on Motorola Solutions from $450.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, August 30th. Bank of America raised their price objective on shares of Motorola Solutions from $440.00 to $520.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Barclays increased their price objective on Motorola Solutions from $467.00 to $529.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Finally, Raymond James boosted their price objective on shares of Motorola Solutions from $425.00 to $515.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $506.29.

Motorola Solutions Trading Up 1.5 %

Shares of MSI traded up $7.20 during trading on Tuesday, reaching $495.57. 247,843 shares of the company traded hands, compared to its average volume of 673,902. The stock has a 50-day simple moving average of $466.71 and a 200-day simple moving average of $421.19. The company has a quick ratio of 1.07, a current ratio of 1.25 and a debt-to-equity ratio of 4.23. Motorola Solutions has a twelve month low of $307.09 and a twelve month high of $507.82. The stock has a market cap of $82.82 billion, a PE ratio of 54.20, a price-to-earnings-growth ratio of 4.11 and a beta of 0.97.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, November 7th. The communications equipment provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.10 by $0.36. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. Motorola Solutions had a net margin of 14.65% and a return on equity of 251.96%. On average, analysts anticipate that Motorola Solutions will post 12.48 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MSI. MFA Wealth Advisors LLC acquired a new stake in shares of Motorola Solutions during the second quarter valued at about $25,000. Beacon Capital Management LLC boosted its holdings in Motorola Solutions by 71.8% in the second quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 28 shares during the last quarter. LRI Investments LLC grew its stake in Motorola Solutions by 871.4% during the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in Motorola Solutions during the 2nd quarter worth approximately $29,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at approximately $29,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.