Moelis & Company with ticker code (MC) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Underperform’. The target price ranges between 59 and 30 with the average target price sitting at 39.43. Now with the previous closing price of 38.97 this is indicating there is a potential upside of 1.2%. The day 50 moving average is 41.59 and the 200 moving average now moves to 42.21. The market cap for the company is $2,744m. Visit the company website at: https://www.moelis.com
The potential market cap would be $2,777m based on the market concensus.
Moelis & Company operates as an investment banking advisory firm. It offers advisory services in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. The company offers its services to public multinational corporations, middle market private companies, financial sponsors, entrepreneurs, governments, and sovereign wealth funds. The company serves its clients in North and South America, Europe, the Middle East, Asia, and Australia. It has strategic alliances in Mexico with Alfaro, Dávila y Scherer, S.C.; and in Australia with MA Moelis Australia. The company was founded in 2007 and is headquartered in New York, New York.