Morgan Stanley Maintains Their Sell Rating on Factset Research (FDS)

By Ryan Adsit

In a report released today, Toni Kaplan from Morgan Stanley maintained a Sell rating on Factset Research (FDSResearch Report), with a price target of $215.00. The company’s shares closed last Monday at $240.92.

According to TipRanks.com, Kaplan ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.8% and a 41.1% success rate. Kaplan covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, ARAMARK Holdings, and Bright Horizons.

Currently, the analyst consensus on Factset Research is a Moderate Sell with an average price target of $234.43, representing a -2.7% downside. In a report issued on September 27, Merrill Lynch also downgraded the stock to Sell with a $230.00 price target.

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Factset Research’s market cap is currently $9.22B and has a P/E ratio of 26.55. The company has a Price to Book ratio of 14.07.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FDS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

FactSet Research Systems, Inc. provides integrated financial information and analytical applications for the global investment community. The company operates its business through the following segments: Research Solutions, Portfolio Management & Trading Solutions, Analytics Solutions, Wealth Solutions, and Content & Technology Solutions.