Morgan Stanley Stick to Their Buy Rating for Verisk Analytics
Investing.com
Published Mar 22, 2021 12:25PM ET
Morgan Stanley (NYSE:MS) analyst Toni Kaplan maintained a Buy rating on Verisk Analytics (NASDAQ:VRSK) on Monday, setting a price target of $201, which is approximately 16.95% above the present share price of $171.87.
Kaplan expects Verisk Analytics to post earnings per share (EPS) of $1.08 for the first quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Verisk Analytics, with an average price target of $197.33.
The analysts price targets range from a high of $220 to a low of $177.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $713.4 million and a net profit of $270 million. The company's market cap is $27.98 billion.
According to TipRanks.com, Morgan Stanley analyst Toni Kaplan is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.6% and a 46.32% success rate.
Verisk Analytics, Inc. is a holding company, which engages in the provision of data analytics for customers in insurance, energy markets and financial services. It operates through the following segments: Insurance, Energy & Specialized Markets and Financial Services. The Insurance segment serves insurance customers and focuses on the prediction of loss, the selection and pricing of risk, and compliance. The Energy & Specialized Markets segment provides data analytics services. It also provides research and consulting services focusing on exploration strategies and screening, asset development and acquisition, commodity markets and corporate analysis. The Financial Services segment maintains bank account consortia to provide competitive benchmarking, decisioning algorithms, business intelligence, and customized analytic services to financial institutions, payment networks and processors, alternative lenders, regulators and merchants. The company was founded in 1971 and is headquartered in Jersey City, NJ.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.