Barclays analyst Manav Patnaik maintained a Buy rating on Moody’s Corp (MCO) on December 7 and set a price target of $175. The company’s shares closed on Friday at $145.78, close to its 52-week low of $139.11.
According to TipRanks.com, Patnaik is a 5-star analyst with an average return of 10.3% and a 67.0% success rate. Patnaik covers the Services sector, focusing on stocks such as Emerald Expositions Events Inc, Thomson Reuters Corp, and Factset Research.
Moody’s Corp has an analyst consensus of Hold, with a price target consensus of $163.50.
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The company has a one-year high of $187.98 and a one-year low of $139.11. Currently, Moody’s Corp has an average volume of 1.21M.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock. Last month, Blair Worrall, the SVP-Ratings Delivery and Data of MCO sold 5,561 shares for a total of $819,824.
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 Corp. provides credit ratings, research, tools and analysis to the global capital markets. The company operates through the following segments: Moody’s Investors Service and Moody’s Analytics.
