Motorola Solutions Receives a Buy from Credit Suisse

By Ryan Adsit

Credit Suisse analyst Kulbinder Garcha reiterated a Buy rating on Motorola Solutions (NYSE: MSI) today and set a price target of $80. The company’s shares opened today at $72.56.

Garcha observed:

“We believe that with organic growth returning to the business and solid cost management the business looks to be on track.”

According to, Garcha is a 5-star analyst with an average return of 5.9% and a 59.6% success rate. Garcha covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Lexmark International, and Ubiquiti Networks.

Motorola Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $75.50.

Motorola Solutions’ market cap is currently $11.88B and has a P/E ratio of 25.10. The company has a book value ratio of -17.2483.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2016, Mark Hacker, the EVP, GC & Chief Admin Officer of MSI sold 4,620 shares for a total of $355,427.

Motorola Solutions, Inc. engages in the development and provision of communication infrastructure, devices, accessories, and software. It operates through the Products and Services segments. The Products segment develops and manufactures devices and systems such as two-way portable and vehicle -mounted radios, speaker microphones, batteries, earpieces, headsets, carry cases, cables, radio network core, central processing software, base stations, consoles, repeaters, and software applications. The Services segment offers managed and support services, integrated digital enhanced network, and integration services which includes technical support, repair, network monitoring, software and hardware maintenance, and security services. The company was founded on September 25, 1928 and is headquartered in Schaumburg, IL.