Wells Fargo analyst Seth Weber maintained a Buy rating on Moody’s (MCO – Research Report) on January 18 and set a price target of $455.00. The company’s shares opened today at $387.61.
Weber covers the Industrials sector, focusing on stocks such as Cintas, TransUnion, and Verisk Analytics. According to TipRanks, Weber has an average return of 23.8% and a 68.73% success rate on recommended stocks.
In addition to Wells Fargo, Moody’s also received a Buy from Bank of America Securities’s Heather Balsky in a report issued on January 18. However, on January 11, Morgan Stanley maintained a Hold rating on Moody’s (NYSE: MCO).
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MCO market cap is currently $70.79B and has a P/E ratio of 47.06.
Based on the recent corporate insider activity of 81 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. Most recently, in November 2023, 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.
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