Evercore . with ticker code (EVR) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 185 and 136 and has a mean target at 157. With the stocks previous close at 110.9 this now indicates there is a potential upside of 41.6%. There is a 50 day moving average of 124.78 while the 200 day moving average is 136.48. The market capitalisation for the company is $4,604m. Visit the company website at: https://www.evercore.com
The potential market cap would be $6,518m 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, luding 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.