Wells Fargo Reaffirms Their Buy Rating on Microsoft (MSFT)

By Ryan Adsit

In a report issued on December 6, Philip Winslow from Wells Fargo maintained a Buy rating on Microsoft (MSFTResearch Report). The company’s shares closed last Monday at $151.75, close to its 52-week high of $152.50.

According to TipRanks.com, Winslow is a 5-star analyst with an average return of 11.5% and a 71.4% success rate. Winslow covers the Technology sector, focusing on stocks such as Ping Identity Holding, Autodesk, and Teradata.

Microsoft has an analyst consensus of Strong Buy, with a price target consensus of $160.62, representing a 6.4% upside. In a report issued on December 5, Bernstein also maintained a Buy rating on the stock with a $174.00 price target.

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Microsoft’s market cap is currently $1157.7B and has a P/E ratio of 28.58. The company has a Price to Book ratio of 10.92.

Based on the recent corporate insider activity of 103 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 MSFT 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.