Brokerage firm Barclays Maintains its rating on Moody's Corporation(NYSE:MCO). In a research note issued to the investors, the brokerage major Raises the price-target to $125.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Sep 21, 2016.
In a different note, On Aug 23, 2016, Barclays said it Maintains its rating on Moody's Corporation. In the research note, the firm Raises the price-target to $95.00 per share. The shares have been rated ‘Overweight’ by the firm. On Aug 17, 2016, Argus Research said it Maintains its rating on Moody's Corporation. In the research note, the firm Raises the price-target to $110.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 25, 2016, UBS said it Maintains its rating on Moody's Corporation. In the research note, the firm Raises the price-target to $108.00 per share. The shares have been rated ‘Buy’ by the firm. Credit Suisse said it Initiates Coverage on Moody's Corporation, according to a research note issued on Jul 11, 2016. The shares have been rated ‘Neutral’ by the firm.
Moody's Corporation (MCO) shares turned negative on Tuesdays trading session with the shares closing down -0.53 points or -0.49% at a volume of 10,74,553. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $109.7. The peak price level was also seen at $109.7 while the days lowest was $107.68. Finally the shares closed at $107.95. The 52-week high of the shares is $110.83 while the 52-week low is $77.76. According to the latest information available, the market cap of the company is $20,759 M.
Moody's Corporation(MCO) last announced its earnings results on Jul 22, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $928.90M. Analysts had an estimated revenue of $903.48M. Earnings per share were $1.30. Analysts had estimated an EPS of $1.26.
Several Insider Transactions has been reported to the SEC. On Sep 7, 2016, Linda Huber (Executive VP and CFO) sold 182,595 shares at $110.13 per share price.Also, On Sep 1, 2016, Raymond W Mcdaniel (President and CEO) sold 7,000 shares at $108.11 per share price.On Sep 1, 2016, Robert Fauber (President-MIS) sold 3,310 shares at $107.83 per share price, according to the Form-4 filing with the securities and exchange commission.
Moody’s Corporation (Moody’s) 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: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). The Company’s 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 Company’s MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.