Analyst Rating Update on Moodys Corporation (MCO)

Moodys Corporation (NYSE:MCO) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 9 equity analysts. Nonetheless, 3 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 (NYSE:MCO) : 6 investment research analysts covering Moodys Corporation (NYSE:MCO) have an average price target of $104.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $116 and the lowest target is $95 for the short term. Analysts expect the variance to be within $8.91 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, BMO Capital initiates coverage on Moodys Corporation (NYSE:MCO). BMO Capital has a Perform rating on the shares. As per the latest report, the brokerage house announces the price target to $101 per share. The rating by the firm was issued on April 12, 2016.

Moodys Corporation (NYSE:MCO): stock turned positive on Tuesday. Though the stock opened at $89.27, the bulls momentum made the stock top out at $89.54 level for the day. The stock recorded a low of $88.19 and closed the trading day at $89.1, in the green by 1.39%. The total traded volume for the day was 1,714,697. The stock had closed at $87.88 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Worrall Blair, officer (SVP-Ratings Delivery and Data) of Moodys Corp /De/, had unloaded 1,600 shares at an average price of $93 in a transaction dated on May 19, 2016. The total value of the transaction was worth $148,800.

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.

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