In a report released on December 14, Ashish Sabadra from RBC Capital maintained a Buy rating on Moody’s (MCO – Research Report), with a price target of $381.00. The company’s shares closed yesterday at $389.06.
Sabadra covers the Industrials sector, focusing on stocks such as ARAMARK Holdings, Automatic Data Processing, and Equifax. According to TipRanks, Sabadra has an average return of 2.6% and a 55.21% success rate on recommended stocks.
In addition to RBC Capital, Moody’s also received a Buy from Wells Fargo’s Seth Weber in a report issued yesterday. However, on December 7, Deutsche Bank maintained a Hold rating on Moody’s (NYSE: MCO).
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $396.91 and a one-year low of $270.10. Currently, Moody’s has an average volume of 813K.
Based on the recent corporate insider activity of 70 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. Last month, Steele Richard G, the SVP & GC of MCO sold 873.00 shares for a total of $294,969.24.
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 (MCO) Company Description:
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.
Read More on MCO:
- Moody’s price target raised by $31 at Deutsche Bank, here’s why
- These are the Stocks Most Negatively Correlated to Treasury Yields
- Moody’s price target lowered to $337 from $363 at Deutsche Bank
- Moody’s price target lowered to $340 from $350 at Barclays
- Moody’ssees FY23 EPS $9.75- $10.25 , consensus 10.03
