Morningstar traded at $176.27 this Friday April 24th, decreasing $1.36 or 0.77 percent since the previous trading session. Looking back, over the last four weeks, Morningstar lost 10.88 percent. Over the last 12 months, its price fell by 37.19 percent. Looking ahead, we forecast Morningstar to be priced at 172.50 by the end of this quarter and at 161.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Morningstar, Inc. is a provider of independent investment research in North America, Europe, Australia, and Asia. The Company supports asset managers, individual and institutional investors, and financial advisors who make their own investment decisions with a product line of Web-based tools, investment data, ratings, and research. Its customers have access to a selection of investment data, fundamental equity research, manager research, private capital markets research, credit ratings, environmental, social and governance (ESG) ratings, fund ratings, and indexes directly on its desktop or Web-based software platforms, or through subscriptions, data feeds, and third-party distributors. The Company provides investment management services, investment analysis platforms, and portfolio management and accounting software tools to advisors and financial institutions. The Company also offers a range of indexes that can be used as performance benchmarks and for creating investment products.