Moodys Corporation (MCO) has an average broker rating of 2.05, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Moodys Corporation (MCO) : 6 Wall Street analysts covering Moodys Corporation (MCO) believe that the average level the stock could reach for the short term is $109.67. The maximum price target given is $120 and the minimum target for short term is around $101, hence the standard deviation is calculated at $7.5.
Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Moodys Corporation (NYSE:MCO). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $95 per share to $120 per share. The rating by the firm was issued on August 23, 2016.
Moodys Corporation (NYSE:MCO): The stock opened at $109.68 and touched an intraday high of $110.83 on Wednesday. During the day, the stock corrected to an intraday low of $109.59, however, the bulls stepped in and pushed the price higher to close in the green at $110.15 with a gain of 0.05% for the day. The total traded volume for the day was 1,418,406. The stock had closed at $110.09 in the previous trading session.
Moodys Corporation (Moodys) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moodys Investors Service (MIS) and Moodys Analytics (MA). The Companys MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world, including various corporate and Governmental obligations, structured finance securities and commercial paper programs. The Companys MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.