RBC Capital Reiterates Moody`s (MCO) Outperform Recommendation
Nasdaq Fintel reports that on September 18, 2023, RBC Capital reiterated coverage of Moody`s (NYSE:MCO) with a Outperform recommendation.
Analyst Price Forecast Suggests 12.24% Upside
As of August 31, 2023, the average one-year price target for Moody`s is 382.95. The forecasts range from a low of 343.40 to a high of $441.00. The average price target represents an increase of 12.24% from its latest reported closing price of 341.19.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Moody`s is 5,860MM, an increase of 5.99%. The projected annual non-GAAP EPS is 9.45.
Moody`s Declares $0.77 Dividend
On July 25, 2023 the company declared a regular quarterly dividend of $0.77 per share ($3.08 annualized). Shareholders of record as of August 18, 2023 received the payment on September 8, 2023. Previously, the company paid $0.77 per share.
At the current share price of $341.19 / share, the stock's dividend yield is 0.90%.