Moodys Corporation (MCO) Receives Price Target

Moodys Corporation (MCO) : Currently there are 6 street experts covering Moodys Corporation (MCO) stock. The most bullish and bearish price target for the stock is $120 and $96 respectively for the short term. The average price target of all the analysts comes to $108.17. The estimated standard deviation from the target is $9.3.

Moodys Corporation (MCO) : The consensus on Moodys Corporation (MCO) based on 10 analyst recommendation on the company stock is 2.05, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Equity Analysts at the Brokerage Firm, Barclays, maintains their rating on the shares of Moodys Corporation (NYSE:MCO). Barclays has a Overweight rating on the shares. As per the latest research report, the brokerage house raises the price target to $120 per share from a prior target of $95. The rating by the firm was issued on August 23, 2016.

Moodys Corporation (NYSE:MCO): The stock opened at $108.70 on Thursday but the bulls could not build on the opening and the stock topped out at $108.98 for the day. The stock traded down to $107.35 during the day, due to lack of any buying support eventually closed down at $108.55 with a loss of -0.13% for the day. The stock had closed at $108.69 on the previous day. The total traded volume was 667,962 shares.

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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