Barclays Capital announced Moody's Corporation (NYSE:MCO), boosting its stock price target to $125.00 today
- Updated: September 25, 2016
Just yesterday Moody's Corporation (NYSE:MCO) traded -0.81% lower at $107.95. Moody's Corporation’s 50-day moving average is $106.85 and its 200-day moving average is $99.85. The last closing price is up 9.43% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 770,896 shares of MCO traded hands, down from an avg. volume of 948,861
In a report released on 09/21/2016 Barclays Capital bumped up the target of Moody's Corporation (NYSE:MCO) from $120.00 to $125.00 stating a potential upside of 0.16%.
Previously on 11/17/2015, UBS reported on Moody's Corporation (NYSE:MCO) increased the target price from $0.00 to $116.00. At the time, this indicated a possible upside of 0%.
Recent Performance Chart
Moody's Corporation has PE ratio of 24.40 with a one year low of $77.76 and a one year high of $110.83 and has a market capitalization of $0.
General Company Details For Moody's Corporation (NYSE:MCO)
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. It operates in two segments: Moody's Investors Service (MIS) and Moody's Analytics (MA). The MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world. It consists of approximately five lines of business, which include corporate finance group (CFG); structured finance group (SFG); financial institutions group (FIG); Public, project and infrastructure finance (PPIF), and MIS Other. The MA segment consists of approximately three lines of business, which include enterprise risk solutions (ERS) and professional service (PS).
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