Friday, 22 September 2023

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Robert W. Baird Remains a Buy on Moody’s (MCO) – TipRanks Financial Blog

FirstCash management to meet with Jefferies

In a report released on September 14, Jeffrey Meuler from Robert W. Baird maintained a Buy rating on Moody’s (MCOResearch Report), with a price target of $391.00. The company’s shares closed yesterday at $343.40.

Meuler covers the Financial sector, focusing on stocks such as Moody’s, Equifax, and Fair Isaac. According to TipRanks, Meuler has an average return of 2.9% and a 58.33% success rate on recommended stocks.

In addition to Robert W. Baird, Moody’s also received a Buy from RBC Capital’s Ashish Sabadra in a report issued on September 17. However, on September 15, Morgan Stanley maintained a Hold rating on Moody’s (NYSE: MCO).

See Insiders’ Hot Stocks on TipRanks >>

MCO market cap is currently $62.61B and has a P/E ratio of 43.96.

Based on the recent corporate insider activity of 69 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, Kaye Mark, the EVP & CFO of MCO sold 15,158.00 shares for a total of $5,168,336.30.

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 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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