Moody's Corporation (NYSE:MCO) stock price target increased to $121.00, issued a report today by Zacks Investment Research
- Updated: October 8, 2016
Yesterday Moody's Corporation (NYSE:MCO) traded -0.55% lower at $108.78. The company’s 50-day moving average is $108.13 and its 200-day moving average is $100.86. The last stock close price is up 7.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 515,218 shares of the stock were exchanged, down from an average trading volume of 840,037
In a report issued 10/05/2016 Zacks Investment Research upped the price target of Moody's Corporation (NYSE:MCO) to $121.00 reporting a potential upside of 0.11%.
Previously on 09/21/2016, Barclays Capital reported about Moody's Corporation (NYSE:MCO) raised the target price from $120.00 to $125.00. At the time, this indicated a possible upside of 0.16%.
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Moody's Corporation has a 52 week low of $77.76 and a 52 week high of $110.83 with a P/E ratio of 24.18 The company’s market cap is presently $0.
Brief Synopsis About 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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