Evercore Inc. which can be found using ticker (EVR) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 139 and 131 calculating the mean target price we have $136.17. Given that the stocks previous close was at $121.90 and the analysts are correct then we can expect a percentage increase in value of 11.7%. There is a 50 day moving average of $122.40 while the 200 day moving average is $108.12. The company has a market cap of $4,718m. Company Website: https://www.evercore.com
The potential market cap would be $5,270m based on the market consensus.
Evercore Inc., 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 & Equities, and Investment Management. The Investment Banking & Equities segment offers strategic advisory services, such as mergers and acquisitions, strategic, defense, and shareholder advisory, special committee assignments, restructuring, and transaction structuring; private capital advisory and fundraising, private capital markets and debt advisory, and equity capital markets execution and advisory services; 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 Inc. and changed its name to Evercore Inc. in August 2017. Evercore Inc. was founded in 1995 and is headquartered in New York, New York.
The company has a dividend yield of 2.38% with the ex dividend date set at 23-2-2023 (DMY).
Other points of data to note are a P/E ratio of 10.53, revenue per share of 70.42 and a 14.32% return on assets.
