Moelis & Company with ticker code (MC) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 79 and 59 calculating the average target price we see 71.75. Now with the previous closing price of 53.43 this is indicating there is a potential upside of 34.3%. The day 50 moving average is 62.16 and the 200 moving average now moves to 60.48. The market capitalisation for the company is $3,710m. Company Website: https://www.moelis.com
The potential market cap would be $4,983m 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.
