Moelis & Company with ticker code (MC) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 78 and 59 and has a mean target at 69.43. Given that the stocks previous close was at 56.85 this would imply there is a potential upside of 22.1%. The day 50 moving average is 60.7 and the 200 moving average now moves to 60.53. The market capitalisation for the company is $3,821m. Visit the company website at: https://www.moelis.com
The potential market cap would be $4,667m based on the market concensus.
Moelis & Company operates as an investment banking advisory firm in the United States, Europe, and internationally. 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, and governments. It has strategic alliances with Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc.; and Alfaro, Dávila y Scherer, S.C. The company was founded in 2007 and is headquartered in New York, New York.
