In a report issued on June 17, Jeffrey Meuler from Robert W. Baird maintained a Buy rating on Moody’s (MCO – Research Report), with a price target of $302.00. The company’s shares closed last Friday at $255.87, close to its 52-week low of $251.01.
According to TipRanks.com, Meuler is a 3-star analyst with an average return of 0.9% and a 49.8% success rate. Meuler covers the Services sector, focusing on stocks such as Adtalem Global Education, Grand Canyon Education, and Nielsen Holdings.
Currently, the analyst consensus on Moody’s is a Moderate Buy with an average price target of $313.62, representing a 24.5% upside. In a report issued on June 2, Deutsche Bank also maintained a Buy rating on the stock with a $324.00 price target.
The company has a one-year high of $407.94 and a one-year low of $251.01. Currently, Moody’s has an average volume of 995.8K.
Based on the recent corporate insider activity of 83 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 MCO 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.
Moody’s Corporation is a credit rating and risk analysis company. It provides analytical solutions, data and insights. The company publishes credit ratings on debt obligations and the entities as well as provides products and services that support financial analysis and risk management activities.
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