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Analysts Offer Insights on Financial Companies: Standard Chartered (OtherSCBFF), MGIC Investment (MTG) and Moody’s (MCO)

Analysts have been eager to weigh in on the Financial sector with new ratings on Standard Chartered (SCBFFResearch Report), MGIC Investment (MTGResearch Report) and Moody’s (MCOResearch Report).

Standard Chartered (SCBFF)

In a report released today, Aman Rakkar from Barclays reiterated a Hold rating on Standard Chartered, with a price target of p800.00. The company’s shares closed last Thursday at $9.33.

Rakkar has an average return of 9.1% when recommending Standard Chartered.

According to TipRanks.com, Rakkar is ranked #207 out of 8802 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Standard Chartered with a $12.12 average price target.

See the top stocks recommended by analysts >>

MGIC Investment (MTG)

RBC Capital analyst Scott Heleniak maintained a Hold rating on MGIC Investment yesterday and set a price target of $22.00. The company’s shares closed last Thursday at $20.51.

According to TipRanks.com, Heleniak is a 4-star analyst with an average return of 13.5% and a 76.7% success rate. Heleniak covers the Financial sector, focusing on stocks such as International General Insurance Holdings, American International Group, and Corebridge Financial, Inc.

MGIC Investment has an analyst consensus of Moderate Buy, with a price target consensus of $22.83, representing a 12.7% upside. In a report released yesterday, KBW also assigned a Hold rating to the stock with a $24.00 price target.

Moody’s (MCO)

In a report released yesterday, Ashish Sabadra from RBC Capital maintained a Buy rating on Moody’s, with a price target of $450.00. The company’s shares closed last Thursday at $376.40.

According to TipRanks.com, Sabadra is a 4-star analyst with an average return of 3.7% and a 56.6% success rate. Sabadra covers the Financial sector, focusing on stocks such as Dun & Bradstreet Holdings, Factset Research, and S&P Global.

Currently, the analyst consensus on Moody’s is a Moderate Buy with an average price target of $410.31, which is an 11.2% upside from current levels. In a report issued on April 18, Bank of America Securities also assigned a Buy rating to the stock with a $430.00 price target.

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