Moelis & Company found using ticker (MC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 72 and 50 calculating the average target price we see 58.86. Given that the stocks previous close was at 46.28 this would imply there is a potential upside of 27.2%. There is a 50 day moving average of 49.32 and the 200 day MA is 59.33. The market cap for the company is $3,065m. Company Website: https://www.moelis.com
The potential market cap would be $3,898m 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.
