Microsoft Corp (NASDAQ: MSFT)‘s stock had its “buy” rating reiterated by investment analysts at Longbow Research in a note issued to investors on Monday. They currently have a $33.00 target price on the stock.

Microsoft Corp traded down 0.67% on Monday, hitting $27.7624. Microsoft Corp has a 52-week low of $26.26 and a 52-week high of $32.95. The stock’s 50-day moving average is currently $27.59. The company has a market cap of $232.5 billion and a price-to-earnings ratio of 15.36.

Microsoft Corp last announced its earnings results on Thursday, January 24th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. The company had revenue of $21.46 billion for the quarter, compared to the consensus estimate of $21.53 billion. During the same quarter last year, the company posted $0.78 earnings per share. Microsoft Corp’s revenue was up 2.7% compared to the same quarter last year. Analysts expect that Microsoft Corp will post $2.85 EPS for the current fiscal year.

MSFT has been the subject of a number of other recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Microsoft Corp in a research note to investors on Wednesday, February 20th. Separately, analysts at National Bank reiterated a “buy” rating on shares of Microsoft Corp in a research note to investors on Monday, January 28th. They now have a $33.00 price target on the stock. Finally, analysts at BGC Financial reiterated a “buy” rating on shares of Microsoft Corp in a research note to investors on Friday, January 25th. They now have a $31.00 price target on the stock.

Eighteen equities research analysts have rated the stock with a buy rating, six have issued an overweight rating, and sixteen have assigned a hold rating to the company. The company currently has an average rating of “overweight” and an average target price of $32.95.

Microsoft Corporation is engaged in developing, licensing and supporting a range of software products and services.

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