Moelis & Company with ticker code (MC) now have 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 59 and 45 calculating the mean target price we have 52.29. Now with the previous closing price of 42.11 this now indicates there is a potential upside of 24.2%. The day 50 moving average is 45.73 and the 200 day MA is 57.99. The company has a market capitalisation of $2,814m. Company Website: https://www.moelis.com
The potential market cap would be $3,494m 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, governments, and sovereign wealth funds. 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.