Evercore with ticker code (EVR) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 185 and 136 with a mean TP of 159.71. Now with the previous closing price of 110.37 this now indicates there is a potential upside of 44.7%. There is a 50 day moving average of 127.86 and the 200 moving average now moves to 137.57. The market capitalisation for the company is $4,430m. You can visit the company’s website by visiting: https://www.evercore.com
The potential market cap would be $6,410m based on the market concensus.
Evercore , together with its subsidiaries, operates as an independent investment banking advisory firm in the United States, Europe, Latin America, and internationally. It operates through two segments, Investment Banking and Investment Management. The Investment Banking segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, and transaction structuring; Capital Markets Advisory, including equity capital markets, restructuring, debt advisory, private placement advisory, market risk management and hedging, private capital advisory, and private funds; and research, sales, and trading professionals services on a content-led platform to its institutional investor clients. The Investment Management segment provides wealth management services to high-net-worth individuals, foundations, and endowments; and manages financial assets for institutional investors. The company was formerly known as Evercore Partners and changed its name to Evercore in August 2017. Evercore was founded in 1995 and is headquartered in New York, New York.
